ON THE MAR­KET

Bayview Post - - News -

$1,900

Av­er­age rent for a onebed­room unit in Toronto, the high­est in Canada. Rich­mond Hill was a sur­prise sec­ond place at $1,796.

3.5

The per­cent­age in­crease in the av­er­age home price from Oc­to­ber 2017 to Oc­to­ber 2018.

5

The num­ber of times the Bank of Canada has raised in­ter­est rates since the sum­mer of 2017, with more raises pre­dicted for 2019.

50

The an­nual per­cent­age drop in sales of lux­ury de­tached homes priced be­tween $2 and $3 mil­lion.

2,773

The num­ber of ac­cepted ap­pli­ca­tions re­ceived in a lot­tery for 75 af­ford­able units avail­able with Toronto Com­mu­nity Hous­ing.

5

Toronto was ranked as the fifth least af­ford­able (large mar­ket) city in the world just be­hind Lon­don, the U.K., and Los An­ge­les.

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