Toronto's housing market crashing hard - Page 2

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		Canadian Financial Forums > Canadian Financial Forums > Real Estate and Mortgages
Toronto's housing market crashing hard

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#11

11-24-2008, 03:17 PM

Canadian

Senior Member

Join Date: Jun 2008

Posts: 415

Quote:

Originally Posted by bullish

As I already said in another thread housing in Toronto going down from here is nothing short of wishful thinking. Keep dreaming

So now the first half of November sales numbers are out, are you still sure that lower housing prices in Toronto for years to come is wishful thinking?

If you haven't seen the numbers I'll clue you in. Sales in Toronto are down almost 50%, and the prices are down 8% year over year. It looks like the housing market in Toronto is recovering, NOT!

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