Deja vu – Canada’s Housing Market looks a lot like US prior to collapse (Links to relevant articles below)
www.cbc.ca/news/business/mortg…
www.cbc.ca/news/business/banks…
www.cbc.ca/news/business/treb-…
www.cbc.ca/news/canada/toronto…
Views:
Fabulous! Buyers are waiting for a 50% drop
Market moves down 9% on detached homes and up 20% for Condo ‘s yoy.
Toronto market is stress test limited to who qualifies at 5.5%
And new buyers rush in….
Marketing will be critical as sellers will list http://bit.ly/CondoTour.
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