Toronto Housing Bubble Pops. “Genuine Fear” of Price Collapse
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Sales volume crashes, prices plunge from April peak. In the Greater Toronto Area, sales of homes of all types in July plunged 40.4% compared to July last year to 5,921 transactions. By type: Detached houses -47.4% Semi-detached houses -38.6% Townhouses -36.5%: Condos -30.5%. At the same time, as sales volume was … Read more