Lack of available housing supply continues to be the major challenge for affordability in the Greater Toronto Area (GTA), whether we’re talking about ownership or rental housing. This presents the real estate market with unique challenges. What are some ways to address them? On a recent episode of TRREB’s Ready to Real Estate podcast, host and TRREB Chief…
What makes Canadian cities like Toronto and Vancouver so expensive to live in? Analysts and pundits point to issues such as foreign investment and speculation, as well as housing supply restrictions. But, recent findings from a British Columbia-based expert panel show that the housing supply in Vancouver is uniquely less responsive to changes in demand…