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Mortgage Broker News | 04 Jun 2014, 08:44 AM Agree 0
A respected Toronto-based Realtor says the Canadian housing market is not overvalued, despite a report from TD Bank that claimed prices are 10 per cent higher than they should be. But will brokers agree?
  • Jon | 04 Jun 2014, 04:41 PM Agree 0
    No surprise that a Toronto realtor is stating that the market is not over valued!
  • Angela Wong-Liao - Invis Inc | 04 Jun 2014, 06:56 PM Agree 0
    The current real estate market reminded me of the late 1980s, early 1990s when any properties were able to sell despite of conditions and locations. Ontario had a recession in 1990 to 1996, some real estate market value dropped by 40-50%, especially high rise condos and big houses. Yes, I believe the current real estate market is over valued and I believe a big adjustment may occur when interest rates start increasing.
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