GTA housing affordability falling; ‘we’re not far behind New - TopicsExpress

GTA housing affordability falling; ‘we’re not far behind New York’ The GTA is fast becoming the New York of the north and even if house prices cool over the next few years, relief will be “modest,” at best, for beleaguered homebuyers, says TD Economics in a report released Monday. The GTA is facing “growing structural challenges” that are pushing both renting and home ownership increasingly out of reach of even high-income residents, it warns. ow.ly/HD7Ra

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