Homes in Toronto could become more affordable for the average buyer if they are willing to wait a little longer maybe.  Even though the average price of a Toronto home or condo has been increasing, the researchers say that Canada’s weakening economy will gradually lower the interest rates for mortgages.  The same experts suggest that a weakening in affordability of homes is usual a sign that the prices of homes will begin to moderate and the market will become more balanced.

Real Estate Toronto Canada information can be found at The Star