Even though there's little hope of Toronto real estate prices ever lowering to remotely reasonable levels, the latest survey of average home costs — …
Even though there's little hope of Toronto real estate prices ever lowering to remotely reasonable levels, the latest survey of average home costs — with current selling prices, interest rates, property taxes and more taken into account — shows that properties in the city have gotten slightly more affordable over the summer.
Chart of how home prices and the salary needed to buy a home has changed from July to August 2024 courtesy of Ratehub.ca., it is still a lofty amount that many of us would only dream of raking in. And, Ratehub.ca's experts expect the trend to turn in the near future, anyway.
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