18.04.2012 - Bryan: Toronto's overheated housing market unsustainable

While Canada's high-flying housing market continues to stabilize, it's increasingly evident that one city — Toronto — is a glaring exception. In sharp contrast to price moderation in most cities and a significant drop in Vancouver, where buyers are being priced out of the country's costliest market, Toronto buyers are on a spending spree — one that looks as if it won't end well...............................................Full Article: Source

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