Toronto's housing bubble was just ranked the worst in the entire world Toronto TorontoRealEstate RealEstate
Toronto hit an average home price of $1,061,876 in September, and despite that figure representing a decline from the $1,090,422 average from the previous September, the city's increasingly precarious housing situation is raising even louder alarm bells than the year before.
But those same mortgage rates are now way up, placing unexpected pressure on homeowners and buyers, and raising concern among industry experts.
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