Tag: Housing affordability

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Reasons for the Decline in Housing Prices in Toronto: An Analysis of Affordability from 2000 to 2025

Toronto’s housing market has long been a symbol of Canada’s economic vitality, but in recent years, it has experienced a notable downturn. Detached home prices, which surged dramatically over the past two decades, began declining around 2022 and continued into 2025. This shift comes amid broader economic pressures, including stagnant wage growth relative to housing […]

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