It's a Toronto focus because it's a Toronto paper, but it's basically anywhere in Ontario. Housing is a speculative commodity regardless of location.
If you can't see that pattern playing out in Hamilton, you're not paying attention. It's the city of penny stock.
(Progress or lack thereof on the Connaught's third phase is not necessarily a reflection on the market. How many other new residential towers will need to cast a shadow on that parking lot to make that clear?)
Skyrocketing property prices in Toronto also distort all of Southern Ontario's real estate market.
In any case, you know it's an issue when the
real estate industry is urging legislative action aimed at increasing transparency.