Toronto’s Real Estate Bubble Fact or Fiction ?

Author: Ken  //  Category: Ken's Corner

It’s been widely reported that Toronto and possibly Canada is on the cusp of a Real Estate Bubble burst. However the simple construct of a Bubble isn’t available in the first place to create a Bubble which could in turn burst.

1) You would need an upward trend in the home buying market ahead of the typical curve and there would need to be a sudden drop off in this trend.

2) You would need an over supply of available housing.

In both scenarios the construct is not available to substantiate the concern. Given the present economic climate Real Estate along with certain precious metals and other traditional investments continue to be a sound, safe choice for your family and money.

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