News Roundup for February 2, 2022 | UrbanToronto
Average condo price in Greater Toronto Area soars above $700,000; Toronto considers new tax for homeowners to help curb soaring house prices; As market thaws, signs of migration back to the city; and more news:
City council could ask province to impose home speculation tax in response to soaring real estate market (CP24)
A report on the mayor’s transit plan mistakenly included inflated numbers. City staff knew but failed to fix them before council voted (Toronto Star)
Time ticking on Transit-Oriented Communities ‘bomb’ dropped on Markham (Toronto Star)
As market thaws, signs of migration back to the city (Globe & Mail)
Lag in demand leads to three price cuts for downtown Toronto condo (Globe & Mail)
Toronto considers new tax for homeowners to help curb soaring house prices (CTV News)
Average condo price in Greater Toronto Area soars above $700,000 (CTV News)
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