Report: First-time home buyers face affordability obstacles in Toronto ...Middle East

The latest data from the Canadian Real Estate Association shows that the average price of a home in Ontario exceeds $850,000 as of July 2023. In Toronto, the median price for a single detached home in the second quarter of 2023 was $1,350,000. A new study, How Low Can Prices Go in T.O.? Even A Severe Recession Likely Won’t Make Housing Affordable in Toronto released by Desjardins has found that buying a house in Toronto is likely to stay difficult for years to come. Discover if You Are Eligible for Canadian Immigration Marc Desormeaux, one of the report authors, spoke with CIC News and elaborated on the Desjardin report’s findings. He explained that Toronto was chosen for the case study be

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