When we moved to Toronto from Washington, D.C. about a decade ago, my wife and I were shocked by the cost of housing. Since we arrived, Toronto’s housing prices have risen by more than 200 per cent. In the past year alone, prices have increased by 34 per cent.
Today, the average house in Greater Toronto will set you back $916,567 while a detached single-family home will run you more than $1.6 million on average.
Read the full article at the Toronto Star.