bokchoy888 发表于 2012-6-24 22:56
YAO DA, WHAT'S YOUR TAKE ON TH TORONTO REAL ESTATE? THX!
No insight, but I guess it won't go crazy as before, especially the CIC rejected 300k immigration applications will create a period of vacuum with less landed immigrants in coming years, which will constrain the buyer demand. The market should cool down literally.
bokchoy888 发表于 2012-6-24 23:24
good point, don't want to see it gets too hot............. 媳妇也真事的。。
Plus next cycle oil shoots up above $120, the interest rate will be in hiking up trend, I guess people will not flee into real estates like nowadays which is with historic low mortgage rate.
You should go ask some 60 years old HK Immigrants in Canada, they know it all.