Sentences with phrase «soaring real estate costs»
TORONTO — Soaring real estate costs are pushing some Canadian cities to embrace laneway housing, touted as the future of affordable living in urban centres.
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Costing a then - record - setting $ 1.8 billion in early 2007, the building would later become a symbol for a period of irrational exuberance in U.S. real estate, where a belief in forever - climbing rents sent values soaring.
Toronto's soaring real estate prices have tapered a bit in recent months, but living downtown might be just as affordable as commuting when you factor in all the costs.
Queen's Park wants Ottawa to help cool home prices in overheated real estate markets such as Toronto.Ontario Finance Minister Charles Sousa is urging federal Finance Minister Bill Morneau to take steps in his budget Wednesday to curb speculation contributing to the soaring cost of homes.