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Shelter inflation is driving an exurban exodus

The Greater Golden Horseshoe should benefit from Toronto’s intraprovincial migration
Google Canada's head office in Kitchener, Ontario. (CoStar)<br>
Google Canada's head office in Kitchener, Ontario. (CoStar)
CoStar Analytics
November 21, 2024 | 9:17 P.M.

Toronto is experiencing the accentuation of a historical trend as living costs continue to rise and show little sign of easing. Established residents of the Greater Toronto area are increasingly moving to towns and cities that are further afield as homeownership within the city's broader limits moves from feasible to fantastical.

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