The Canadian Real Estate Association (CREA) reported that the average house price in Canada increased 11.2 per cent in the past year. In Toronto, GTA, the average increase is higher at 16.8%, or approximately $107,362 One way to see it, notes Douglas Porter,
Mortgage Rates Going Up?
Mortgage Rate Increase? Toronto, Canada What happens if/when the mortgage rates go up by just 1%? A Great Video from Global News with breakdown of mortgage costs and how it could affect the Toronto HomeOwner. He says that Canadians spend apprx.
Toronto Real Estate House Prices Going Up – Again?

Real Estate Prices in Toronto Residential real estate/house prices rising in 2016? According to the Toronto Real Estate Board, homes in Toronto may hit record prices this year: “The average selling price is also expected to rise to between $655,000 and $665,000