Toronto’s growing Gen Z population faces yet another roadblock ahead as real estate prices sky-rocket, and the future of owning a home looks bleak.
Strong demand and low supply have led to potential ‘tornado market’ in Toronto real estate.
To afford a house in East York on the recently increased minimum wage, a prospective buyer would need to save for decades.
While the pandemic has turned the world upside down, the real estate market in Ontario is seeing a rise in sales.
Housing affordability will likely stay one of the most significant issues in the GTA as annual rents will keep growing, housing experts say.
With sky-high real estate prices, millennials are wondering if they will ever be able to afford to buy a house in East York and a vacation or two at the same time.
Newcomers to Toronto were pleased to find Eatonville Library hosting a seminar on Monday for first-time home buyers.
East York’s housing market should be less volatile in the coming year, says a local real-estate agent.
Despite the ups and downs of the Toronto housing market, demand for East York housing remains strong.
Councillor Joe Cressy, of Ward 20, announced the Silver Dollar Room will close on May 1 for renovations, but will later open under heritage protection.