5 Unbelievable Facts About the Toronto Real Estate Market

Toronto Gay Real Estate - CondosThere might not be a topic more contested in the financial community than the future of the Toronto housing market. Bulls point to low interest rates, crazy bidding wars for desirable neighborhoods, and a steady stream of new people moving to the city as proof the market is in great shape. A steadily rising price is the result of a healthy market.

Meanwhile, bears look at factors like record high price-to-income ratios, impending rate hikes, and record consumer debt levels as evidence the madness just can’t continue. They contend the market is primed for a correction, perhaps even a crash. It just needs a catalyst.

It’s obvious the market is stretched, it’s only a matter of when the party decides to come to an end. It could stop soon, or it could go on for another few years; nobody really knows a timeline for such things. Here are five facts about the Toronto market that should give everyone pause.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Authored By Nelson Smith – See the Full Story at the Motley Fool

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