Friday, May 4, 2018

Another Crack in the Toronto Housing Market, More Spin From the Real Estate Industry

Due to real and increased scrutiny on mortgage rules and rising interest rates, home sales were off to the worst start of a year since 2009 recession and results of Global Financial Crisis. 

But of course, it is never a time for panic according to the real estate industry....

“Market conditions should support moderate increases in home prices as we move through the second half of the year, particularly for condominium apartments and higher density low-rise home types,”

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