Toronto, ON

By
Real Estate Agent with RE/MAX Condos Plus Corporation, Brokerage

Toronto, ON

The Demographia International Housing Affordability Survey done annually lists the most expensive and least expensive housing markets in the metropolitan areas of the world.

 

In their 11th annual report that was just released in January 2015, Toronto, ON is listed as the 3rd most expensive real estate market in Canada, behind Vancouver and Victoria, BC.

 

Toronto:
Median income: $73,900
Median household cost: $482,900

 

In the metropolitan areas of the world, it is important to maintain mobility and housing affordability. Mobility in the:

1.   The ability to travel in less than an hour from one part of the city to another, and,

2.   The ability to buy and sell real estate with low closing costs.

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Posted by

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Real Estate Agent serving clients for the Toronto Downtown and Toronto Waterfront Area.

Residential and Investment Properties.

Rosalind Nicholas, ACCA,SRS,REALTOR®

e-mail:   Rnicholas@trebnet.com     Tel: 416 918 1972

RE/MAX Condos Plus Corporation, Brokerage, Toronto, ON, Canada.

http://www.youtube.com/watch?v=PMuLzqLe72M&feature=youtu.be

 

 

Comments (3)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Rosalind, great stats to let the public thinking of moving to Toronto or Ontario what is happening with the real estate market. 

Jan 24, 2015 11:18 PM
Rosalind Nicholas
RE/MAX Condos Plus Corporation, Brokerage - Toronto, ON
Toronto Condo Real Estate Agent, Toronto ON

Thanks for stopping by Joan. These stats are a general guideline. Property prices vary according to neighbourhoods and areas.

Jan 26, 2015 12:23 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Rosalind, at least it is a good general post, if buyers want a certain area, they can give you a call! 

Jan 27, 2015 09:42 PM