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Not likely. The Toronto housing market saw its laws changed at the end of April. The market has lost some confidence because of that, but it is likely to only b
by randomdata 9y ago
Not likely. The Toronto housing market saw its laws changed at the end of April. The market has lost some confidence because of that, but it is likely to only be temporary. Once buyer confidence is restored, it will be business as usual.
Vancouver's market also "crashed" in mid-2016[1] after their new – similar to Ontario's – laws came into effect. Six months later, after buyer confidence came back, an all-time record high was set.
[1] http://creastats.crea.ca/vanc/images/vanc_chart05_xhi-res.png http://creastats.crea.ca/vanc/images/vanc_chart05_xhi-res.pn...