January 2023

2023 Toronto Real Estate Forecast

Posted on Jan 05, 2023 in Market Report

Understanding What Happened in 2022

The real estate market in 2021 and up to March of 2022 was clearly unsustainable. The Bank of Canada was late to correct inflation and to deal with interest rates which were basically zero. Starting in March, they began to overcompensate in both areas and the result was the start of a market correction that no one...

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