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Only 3200 Homes Are Left on Toronto's Market After Record Year – Bloomberg


Toronto, a city of more than 6.5 million people, has just 3,200 homes left for sale to start the year after a real-estate frenzy fueled by low interest rates drove the market to record levels.

More than 121,000 homes were sold in Canada’s biggest city in 2021, up 28% from the previous year and smashing the previous high set in 2016, according to data released Thursday by the Toronto Regional Real Estate Board. 

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Harry Miller is a writer and editor based in Toronto with 14 years of experience in the journalism industry. Before joining Canada News Media as a National Online Journalist, Miller worked as a senior writer and a reporter-editor with the Canadian Press and as a breaking news reporter with the Toronto Star. At Canada News Media he covers national news and the trending stories Canadians are searching for. Miller holds two bachelor's degrees, one in journalism from Ryerson University and another in communications and film studies from Carleton University.

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