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Sep 22, 2023 · Rising interest rates and soaring inflation have helped to quell Toronto’s risk of a housing bubble, but the city’s real estate market remains woefully overvalued. Toronto placed seventh on the newly released UBS Global Real Estate Bubble Index 2023, with a score of 1.21.
Aug 30, 2023 · An analyst who describes Canada as sitting on one of 'the largest housing bubbles of all time' warns that if it bursts, the country could be thrown into a deeper recession than forecasted.
4 days ago · Last Updated June 25, 2024 11:43 am. There’s a record number of Toronto condominiums on the market right now, and despite record immigration, and an ever-worsening housing crisis, nobody seems to want to buy them. Diana Zlomislic is a housing reporter for The Toronto Star. “I think what happens with the central bank, whether they ...
Oct 22, 2022 · Toronto’s real estate market will crash 30% or more by the spring, economists say. How bad will it be? The biggest housing bubble in the world is popping and prices are predicted to crash...
Nov 22, 2023 · When will the Toronto real estate bubble burst? While pinpointing the exact timing of Toronto’s potential real estate correction remains challenging, signs of deflation may already be...
Jan 6, 2022 · Canada’s housing market is sick and grossly distorted. It causes tenants to live in constant fear of eviction and ensures that the unhoused sleep on the streets. The subordination of housing needs to profit has created a dangerous bubble that threatens an economic catastrophe.
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3 days ago · She accepted a lower sale price than she was expecting, he says, but so far the sellers she has been negotiating with are unwilling to bend. “She was told she was going to get $1.4-million for ...
