True story of the Housing Bubble

Posted by Mahmud Naqvi on Jan 28, 2010 in News | 0 comments

Heated housing activity throughout 2009 lends little air to bubble theory in the GTA, says RE/MAX. Single-detached housing values remain slightly off 2008 levels in 27 per cent of TREB districts. Despite limited inventory levels in the Greater Toronto Area (GTA) in the latter half of the year, double-digit price appreciation failed to materialize in the single-detached housing category in 2009,...