80 likes | 285 Views
The Toronto real estate market is without a doubt seeing an impressive rise in sales when compared to last year. We’ve witnessed a 10.6 percent increase in sales for the month of May versus May, 2015. The Toronto real estate board has gone on record saying that this increase in sales has created a shortage of certain listings.
E N D
Toronto Real Estate Prices Continue to Soar REAL ESTATE NEWS HOMULA REAL ESTATE BY
Introduction • The Toronto real estate market is without a doubt seeing an impressive rise in sales when compared to last year • The Toronto real estate board has gone on record saying that this increase in sales has created a shortage of certain listings • With an influx of buyers and seemingly shrinking amount of listings, Toronto real estate prices are in an upward trend that has caught the attention of officials in Ottawa.
CURRENT TRENDS • The OECD (Organization for Economic Co-operation and Development) has warned of the increasing financial stability risks link to that accompany soaring prices and increased household debt. These warnings are being headed by some, specifically within Canada’s banking sector. • The bank of Canada has a similar stand-point on the Toronto real estate price boom. The head of the bank has stated that this upward price trend cannot sustain itself within the confines of a healthy and growing economy.
IMPACT • The OECD (Organization for Economic Co-operation and Development) has warned of the increasing financial stability risks link to that accompany soaring prices and increased household debt. These warnings are being headed by some, specifically within Canada’s banking sector. • The bank of Canada has a similar stand-point on the Toronto real estate price boom. The head of the bank has stated that this upward price trend cannot sustain itself within the confines of a healthy and growing economy.
Investing in Real Estate As proven above, the real estate market is and will continue to soar. The average MLS listing is worth hundreds of thousands of dollars alone. Investing in real estate is a great idea, so long as you have experts by your side. Your real estate agent will give you advice that will result in a huge return on your initial investment. It has been proven that buying a property is by far the best investment out there today.
CONTACT US NOW AT Email: - Support@homula.com Website:-http://realestate.homula.com Source: - Toronto Real Estate Prices Continue to Soar Find more Real Estate News Blog