TORONTO – In 2018, 835,175 Ontarians were recorded as “multiple property owners” by Statistics Canada. In July 2020, we were just getting over the First Wave and CTV was reporting: “Cottage real estate market heats up with more Canadians working remotely”. In April 2021, the Globe & Mail reported that “in Toronto, as many as 1 in 5 homeowners own more than one property”. →
According to TRREB – the Toronto Regional Real Estate Board, house prices in Toronto continued to rise in March and sales almost doubled – compared to the same month a year earlier when everything was shutting down at the start of the Covid-19 pandemic. →