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Toronto area housing prices, sales volume soar in September: real estate board

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Real Estate Professional | 05 Oct 2016, 09:41 AM Agree 0
Housing sales in the Toronto area continued to soar last month, with the average price rising 20.4 per cent from September last year to $755,755, the Toronto Real Estate Board reported Wednesday
  • Boom n bust | 05 Oct 2016, 12:42 PM Agree 0
    Prices will continue to go up......if the interest rate stays flat
    You will sell a huge market correction ......maybe a 50% correction
  • | 08 Oct 2016, 09:59 AM Agree 0
    Seriously, 50% correction, give your head a shake. The articles points out one fact that everyone seems to ignore, shortage of supply, and it isn't going to get any better any time soon. With certain provincial agreements in place along with a mandate to eliminate urban sprawl, buying a semi or detached home will not get any easier or cheaper. This will slow down the volume along with.perhaps changes but don't expect a major correction in pricing, that's just not happening.
  • | 08 Oct 2016, 10:02 AM Agree 0
    Correction- This will slow down the volume along with mortgage changes
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