Jun 05, 2017
By Valerie Massie
Toronto’s overheated housing market has recently cooled somewhat, since the Ontario government instituted new housing measures in April. With average prices dropping 6 per cent in May and some homes falling by as much as 12 per cent in the GTA, we speak with Jason Mercer, the Director of Market Analysis at the Toronto Real Estate Board to better understand the very latest housing price trend.
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