Less than a month ago, we were receiving a steady stream of real estate flyers in our door, proclaiming that homes in the neighbourhood and well beyond had
Is Toronto’s real estate market a bubble?
Ironicall since 1991 housing market are stable and rising not only that but increased development of new subdivisions even to surrounding area,
If u consider since last 26 years of escalation in prices, is it a bubble ??? to sustain that long stretch??
Even as of 2017 with the consumer debt at a alarming rate still prices are escalating.
All government bodies and banks are aware of current situation,are they extremely concern???or the tax funds from housing are a blessing to be diverted??