The story of the Toronto real estate market is well described on http://guava.ca http://guava.ca. I was lucky to buy in January, 2009, when the prices had hit

The story of the Toronto real estate market is well described on http://guava.ca http://guava.ca. I was lucky to buy in January, 2009, when the prices had hit the bottom. They have gone up 10% since 2008 already. Non-Canadians reading those stats should note that most Canadians don't buy in the winter for two reasons: a) don't want to move in the middle of a school year b) too lazy to head out in the snow and slush