Pembina Institute

Pembina Institute: The report, co-published by Pembina Institute, suggests that while there is no shortage of properties in the GTA to construct single-family homes, much of the land is located outside the City of Toronto and away from high-demand centres of employment, according to CTV. This imbalance means that many buyers are unable to afford homes in the GTA and are essentially priced out of the market and A new RBC report finds that buyers are being priced out of prime GTA real estate due to increasing prices and a lack of single-family homes in desirable neighbourhoods. The report notes that the demand for detached and semi-detached single-family homes in desirable GTA neighbourhoods has exceeded supply and caused home prices to go up. (www.immigrantscanada.com). As reported in the news.