Real Estate News

Report Toronto real estate is the most vulnerable among major Canadian cities

Image by Paul McGowan from Pixabay

The federal agency singled out Toronto as the most overheated real estate market among major metropolitan cities in Canada, echoing a similar claim in the UBS Global Real Estate Bubble Index last fall. Montreal and Vancouver remain moderate, while the excess rental market inventory and overvaluation in house prices in Toronto real estate reinforce the notion that the city is sitting on a bubble.

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