Media Releases

Federal working group to tackle red-hot housing markets in Toronto, Vancouver

June 28, 2016

As Toron­to hous­ing prices con­tin­ue to soar, Ottawa is tak­ing action to tack­le the red-hot mar­ket. William Strange, a pro­fes­sor of real estate at the Uni­ver­si­ty of Toronto’s Rot­man School of man­age­ment said Ottawa’s move sig­nals the gov­ern­ment is being pru­dent, and rec­og­nizes there is a seri­ous bub­ble in both mar­kets. Read more.