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Old 11-26-2008, 07:27 PM
trent trent is offline
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Join Date: Jun 2008
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Quote:
Originally Posted by Canadian View Post
I'm waiting for prices to come down significantly as well. Before that I won't bother buying. I think we are still at least 2 years away from the bottom of the Toronto housing market, as the decline in prices just started. It should be fun .
I agree that it will be fun watching over-leveraged homeowners trying to get out of the real estate market, however I expect significantly lower prices in the Spring 2009, maybe 20-25% down from where we are at now.
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