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Toronto area in housing bubble, says BMO Capita

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Toronto area in housing bubble, says BMO Capital Markets economist


Economics | 207304 hits | Feb 16 9:05 am | Posted by: shockedcanadian
2 Comment

House prices shot up by more than 22 per cent year over year in January, the highest rate since the late 1980s, with one economist saying the market is in a bubble.

Comments

  1. by shockedcanadian
    Thu Feb 16, 2017 5:26 pm
    Get it done already, let's speed up this insolvency process across Ontario. I thought the government would go first, but it might begin with individuals.

  2. by avatar BeaverFever
    Thu Feb 16, 2017 6:39 pm
    Didn't I see this story on the cover of this month's No Shit Sherlock Magazine? I think it was also featured in the new reality show I just woke up from a 20-year coma

    What will they report next?



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