Is Toronto's Real Estate Market Imploding?

Posted on Mar 08, 2018 10:13 AM EST
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Is Toronto's Real Estate Market Imploding?more big
Is Toronto's Real Estate Market Imploding?

Toronto is one of the many great world cities that has been rendered nearly unlivable by real-estate speculation, both from onshore investors and offshore ones.

Following a raft of measures to cool off the property market, sales have plunged, down 35% overall in Feb 2017 relative to Feb 2016; prices are down an average of CAD110,000, and listings are up (which will drive the prices down further).

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