"Recent house price increases in Toronto are being driven by demand from foreign and domestic buyers".

That is only part of the story.

It should be also reported that, among domestic buyers, just like in Vancouver, there are lots of millionaires working overseas who bought, for themselves and family, Canadian passports and Canadian citizenship through our investor immigrant programs over recent years. Those folks are new Canadians who bought their way here, for themselves and their student children and spouses.

It is important for newspapers to make that clear, because THAT is what actually caused house prices to skyrocket in Vancouver and Richmond and South Surrey and other places, NOT foreign buyers or what most people assume when they hear "domestic buyers".

In order to address a situation, a first step is to recognize the nature of the situation.