You might very well wonder what’s been happening to Toronto real estate this year. It’s up, then it’s down. But, where is it now?
Actually, it’s just about where it should be. You have to remember that interest rates and prices were both a bargain in the Spring. Also, everyone was worried about interest rates going up in July and the new HST coming into force on July 1st. The standard, common advice was “do business before July 1st”. So, people did. And, if they did, then they can't buy again in the summer!
Actually, it’s just about where it should be. You have to remember that interest rates and prices were both a bargain in the Spring. Also, everyone was worried about interest rates going up in July and the new HST coming into force on July 1st. The standard, common advice was “do business before July 1st”. So, people did. And, if they did, then they can't buy again in the summer!
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