Steve Saretsky Analyzes Canadian True Estate Market place on CBC News
Steve Saretsky joins Peter Armstrong of CBC ‘On the Money’ to discuss the newest Canadian True Estate numbers.
A tale of two markets, considerably of the slowdown is coming from the detached market as foreign investment fades. Condos continue to be hot but the sustainability of it remains a massive question mark.
Toronto Real Estate appears to be rolling over, and whilst it has some similarities to Vancouver after their foreign customers tax, Toronto is seeing a big surge in new listings and stock levels. Something that was not genuinely observed in Vancouver.