Will suburban house prices come back to earth?

Thursday Jan 27th, 2022

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I've been seeing plenty of tweets like this one and this one and the latest Home Price Index numbers from TRREB look like this: The City of Toronto has the lowest price growth across the GTA (though at 23% year-over-year it's hardly pedestrian). There have been plenty of "urban exodus" articles written since COVID began. That can explain some of why there has been crazy price growth in the suburbs as of late. Why are 39 people offering on subdivisions in Ajax (with... [read more]

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