Saturday, July 7, 2018

Toronto real estate does the dead cat bounce

* no cats were killed in the making of this blog.

Latest housing chart.  The media has this as 'hot'.  They always say that.  Anyway, listings have soared, and sales and prices aren't doing much.  'They say a dead cat can bounce if it drops from high enough.'

My old guy dropped the price 20-30% to sell.  Some new houses have gone on the market in the area at prices higher than peak.  Good luck to them.

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