As of August 31, 2016, if no more properties came onto the Toronto housing market, it would only take just over a month to deplete the available supply. That’s according to a new report by Chestnut Park Real Estate. BNN speaks with a broker for the company, Justine Deluce.View Video on BNN
The Toronto and area resale market performed as expected in April. As reported in our March report, the implementation of the emergency lockdown measures had a crushing impact on the resale housing market. With most businesses closed and more than three million Canadians unemployed there was no reason to believe that the resale market would miraculously revive in April.