11 Dec This is what to expect for Toronto home prices in 2018.
Original article via BuzzBuzzHome. Click here to read.
After a spring of record-breaking prices, and a summer of plunging ones, Toronto’s housing market seems to have finally balanced out. The question is, will it last?
Not according to Derek Holt, head of capital markets economics at Scotiabank. “Toronto’s prices are down in year-ago terms, and will probably follow the pattern observed in Vancouver where prices are recovering from the immediate aftermath of the foreign buyers tax,” he writes, in a recent note.