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Five reasons not to buy a Toronto condo

Posted on 14 February 2013

The Toronto condo market has been the centre of much discussion recently, with even the Bank of Canada giving it significant coverage in the December 2012 edition of the Financial Stability Review.
The potential risks facing this market segment have now crept to the forefront in discussions on the health of the overall Toronto real estate market - and for good reason. As the Bank of Canada noted, “Price corrections in particular segments of the housing market may put downward pressure on house prices more generally.” Because of this, the health of the condo market ought to be of interest to everyone in Toronto………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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