Douglas Todd: A tale of two costly housing markets: Toronto and Vancouver OPINION: The ratio of housing prices to local earnings in Greater Toronto is a grim eight to one. But it’s a dire 12 to one in Metro Vancouver.
Hot Canadian housing market to slow next year, CMHC says Increase in inventory of unsold homes, prices, mortgage rates and supply of rental units all expected to contribute to slowdown in starts, sales, Canada Mortgage and Housing Corp. forecasts.