One segment of the property market where supply has been lagging is for single-detached homes; which has been growing at a slower pace than household formation. Photo: Reuters One segment of the property market where supply has been lagging is for single-detached homes; which has been growing at a slower pace than household formation. Photo: Reuters
One segment of the property market where supply has been lagging is for single-detached homes; which has been growing at a slower pace than household formation. Photo: Reuters

International Property

Property /  International

Toronto has more homes to meet demand, despite rising prices

Some of the imbalance between supply and household formation in the past 5 years is due to the construction slump during the last recession

Topic |   International Property
Bloomberg
Bloomberg

Updated: 2:55pm, 20 Jul, 2018

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One segment of the property market where supply has been lagging is for single-detached homes; which has been growing at a slower pace than household formation. Photo: Reuters One segment of the property market where supply has been lagging is for single-detached homes; which has been growing at a slower pace than household formation. Photo: Reuters
One segment of the property market where supply has been lagging is for single-detached homes; which has been growing at a slower pace than household formation. Photo: Reuters
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