The Greater Toronto Area is the most populous metropolitan area in Canada. The GTA is a provincial planning area with a population of 5,555,912 at the latest Canadian Census.
The Greater Toronto Area is the 8th largest metropolitan area in North America. In addition to the City of Toronto, it includes the Regional Municipalities of York, Halton, Peel and Durham.
These numbers show a consistent pattern of growth, with one slight decline during the 'world is coming to an end financially' scare back in 2008. These don't even come close to the USA's massive increase, much quicker than the graph above shows. During the peak in real estate prices in the USA back in 2006, their prices where at least 50% more than ours on average. Go to almost any country in the world and look at their home prices, compared to ours (Canada's), we are a deal...still!
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