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National Post
National Post
26 Aug 2024


NextImg:Seeking solutions to the structural barriers of the GTA’s housing challenges 

Over the past 18 months, high interest rates have significantly impacted the Greater Toronto Area (GTA) housing market, slowing demand for new homes by half compared to historical averages. This has led to increased inventory and moderated price by 15-20%, depending on the housing type and location. Meanwhile, the GTA’s growing population has created a pent-up demand for new housing.