Toronto’s Housing Market Paradox: A Stalled Recovery and Its Ripple Effects on Jobs and Economic Stability
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最新报道：Toronto's housing market in July 2025 shows a 3.8% monthly sales increase but a 3.4% annual price decline to $693,300, with condos and single-family homes dropping double digits. Construction employment fell 5.4% year-over-year despite overall job growth, as affordability strains deepen with households spending 70.8% of income on housing. Policy delays and a 300,000-unit supply shortfall exacerbate the crisis, threatening regional economic stability.
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