Red Hot Real Estate Markets: Durham Region, Ontario
It’s been over a week since Federal Finance Minister Bill Morneau, Ontario Finance Minister Charles Sousa and Toronto Mayor John Tory met to discuss how they might cool the red hot real estate market in the Greater Toronto Area, and yet real estate in the GTA seems hotter than ever before. As interest continues to exceed housing availability, would-be homebuyers are seeing housing costs soar from Clarington to Barrie to Waterloo, and Hamilton. However, there are some towns, cities and regions that seem to be especially hot. Today, we’re taking a look at one such red hot real estate market in Ontario: the Durham Region.