Toronto real estate agent Julie Kinnear comes with a commentary about risk profile of Canadian cities, where the most risky markets are Toronto and Vancouver.

Julie collected opinions of several notable analysts and economists. While some of them are afraid of a bubble deflation, especially on the Toronto condo market, other group believes the dangers are mitigated by immigration and demography. This is especially the case of Toronto. When it comes to Vancouver, the situation is bit less stable, since the inflow of foreigners which fed the market with fresh demand has been dropping recently.

All analysts agree that the market is highly unpredicatble.

 
Posted by Alec Kinnear on 05/27/2012 07:15 AM   Comments (0)   Real Estate in the Real Estate Market Channel   real estate market  
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