Friday, December 8, 2017

Toronto Real Estate Frozen for the Winter


As we ease into 'that 70's show' for the weather, the prices slowly die.  All the distressed houses in the neighbourhood have gone off the market.  No sales.  I suppose they are hopeful for the Spring, but there is no hope.  Total market money, sales times price, is probably as low as it can get.  All the hot money has gone to bittcoins.  Short term rentals are banned, so this plunges things further.


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