"We have a lot more work to do, but I am pleased with the progress Ontario is making to ensure real estate consumers in our province benefit from the highest professional standards and one of the best-regulated marketplaces in North America."

With the anticipated population growth in the GTA, we can no longer just tinker around the edges of the status quo.

For sellers, a slowdown in home inspections has meant that lofty listing prices may be under less scrutiny.

The "Housing Crisis", as it has been dubbed, is, at its core, a supply and demand issue.