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This Is When Toronto, Vancouver Housing Markets Will Come Down, According To TD Bank

In Toronto and Vancouver’s hot housing markets, affordability is “becoming a growing challenge for many individuals and families,” Royal LePage noted in a new report.

Buying any type of residential property in Greater Toronto is 11.9 per cent more expensive today than it was a year ago, the realtor said in a survey released Wednesday. In Greater Vancouver, residential real estate is up 12.9 per cent in a year, to an average of $928,532.

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