Toronto's Housing Recovery May Trail Vancouver's
Toronto’s housing market drop is echoing Vancouver’s earlier plunge but Canada’s most populous city may not bounce back so quickly as new rules continue to tighten access to home loans. However, prices for apartments in the coastal city were up 26 percent year-over-year in December compared with 14 percent for Toronto.
Bloomberg has a very informative interactive chart of property price annual increase rate. The picture above was a screen capture from Bloomberg. Read Original Article on Bloomberg.