Apr 05, 2017
By Dave Woodard
The latest numbers from the Toronto Real Estate Board shows that the cost to buy a house in the city is up yet again. This time, more than 33% over the same time last year. At the same time, rent in Toronto is going through the roof as units built after 1991 are not protected by an annual cap on rent increases. To talk about it, we turn to Toronto Real Estate Board director of Market Analysis Jason Mercer, and Director of Legal Services at the Advocacy Centre for Tenants – Ontario, Kenneth Hale.