✉news BusinessReal Estate first seen 3 h ago, last 37 min ago, peak #30
Toronto and Vancouver ranked among world's weakest real estate 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 globally, according to a new international ranking. Analysts point to high borrowing costs, steep home prices relative to incomes and cooling demand as key factors weighing on both cities' housing markets, in a shift from their years as some of the world's hottest property markets.
Why now: New international rankings showing two of Canada's major cities near the bottom for real estate performance have surprised homeowners and buyers
Rank over time, top of the chart is #1. 3 snapshots from 3 h ago to 37 min ago.
Evidence
- 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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