It's likely investor driven, foreign or otherwise. Toronto for example is in the midst of an incredible real estate bubble, but a professor found that there's

It's likely investor driven, foreign or otherwise. Toronto for example is in the midst of an incredible real estate bubble, but a professor found that there's more than enough supply being created to keep up with population growth. The problem is extra demand from speculation. http://www.theglobeandmail.com/real-estate/toronto/demand-fuels-toronto-house-prices-not-lack-of-supply-study-finds/article34279980/ http://www.theglobeandmail.com/real-estate/toronto/demand-fu...