Toronto housing price ‘correction’ eases: Report.

Original article via The Star. Click here to read.

The chill of Ontario’s new housing policies appears to have passed, with signs that Toronto real estate is recovering, according to a new report.

In fact, some corners of the GTA market are showing a return to the bidding wars that were commonplace only last spring, says the third-quarter report from Royal LePage.

It shows prices were up 1.5 per cent in the third quarter, compared to the same period last year, with the bright spots in the entry-level priced homes, notably condos, and some relatively affordable pockets such as Ajax and Oshawa.

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