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  #1  
Old 03-24-2009, 04:30 PM
trent trent is offline
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Default The 10 worst Canadian housing markets

Here is an interesting article about the 10 worst Canadian housing markets:

http://finance.sympatico.msn.ca/Bank...g-markets.aspx
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Old 03-25-2009, 08:04 PM
Steven Steven is offline
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Toronto is #6 with 8.2% down . This isn't good...
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Old 03-25-2009, 08:10 PM
Canadian Canadian is offline
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Thanks Trent, that's a great article!
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Old 03-26-2009, 02:35 PM
bullish bullish is offline
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Quote:
Originally Posted by Steven View Post
Toronto is #6 with 8.2% down . This isn't good...
There is nothing wrong with the Toronto real estate market. The small price decline we just witnessed is over, and there will be spectacular rise in prices in the next few years to come.
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Old 03-27-2009, 02:46 PM
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There is nothing wrong with the Toronto real estate market. The small price decline we just witnessed is over, and there will be spectacular rise in prices in the next few years to come.
Sure keep saying that and you'll feel better . There will be quite a few years before Toronto prices reach the 2008 high, and when this happens the dollar purchasing power will be half of what is it today. So no matter what home owners lose big time.
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Old 03-30-2009, 07:20 PM
trent trent is offline
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Quote:
Originally Posted by bullish View Post
There is nothing wrong with the Toronto real estate market. The small price decline we just witnessed is over, and there will be spectacular rise in prices in the next few years to come.
Sure . We here in Toronto are different than London (UK), Los Angeles, and many other world-class cities. We'll be the only city in the world that will escape the real estate carnage
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Old 04-03-2009, 08:50 PM
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Still there are quite a few delusional homeowners out there thinking that "here is different". This won't last long.
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