✉news BusinessReal Estate first seen 6 h ago, last 44 min ago, peak #16

Toronto and Vancouver ranked among world's weakest housing markets

Original: Toronto and Vancouver were ranked among the weakest real estate markets in the world. Here’s why

Toronto and Vancouver have been ranked among the weakest-performing real estate markets in the world, according to a new global comparison picked up by Canadian outlets including BNN Bloomberg and CTV News. The findings point to cooling demand, high borrowing costs and stretched affordability weighing on home prices in Canada's two largest housing markets, renewing debate over how far prices could still fall.

Why now: A new global ranking highlighting the poor performance of Canada's two biggest housing markets is drawing attention amid ongoing affordability concerns.

TorontoVancouverBNN BloombergCTV News

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Evidence

• Toronto and Vancouver were ranked among the weakest real estate markets in the world. Here’s why · BNN Bloomberg
• Toronto and Vancouver were ranked among the weakest real estate markets in the world. Here’s why · CTV News
• Toronto and Vancouver were ranked among the weakest real estate markets in the world. Here’s why · CTV News

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