I have written recently that the Toronto Real Estate Board (TREB) expects to see the average existing home price in the GTA grow by approximately 3 to 5 per cent per year over the next two years.
Much has been made of some recent analyses forecasting double-digit declines in Canadian home prices. Some analysts have given a specific time frame whereas others have simply argued that the Canadian homes are currently overvalued and their values should decline over time. [Full Story]
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