Toronto Market Headed for Bubble

Image shows Move Smartly Report January 2021 Understanding the Toronto Area Real Estate Market

As the Toronto market moves into bubble territory, County demand will likely grow.

Toronto buyers account for much of the demand for homes in Prince Edward County, so the emerging bubble market in Toronto is likely to have a significant impact here.

For a complete analysis of what’s happening in the Toronto market, I highly recommend the January 2021 report by Toronto colleague John Pasalis which analyzes Covid-19’s paradoxical effect on the market there.

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