This is what 2018 has in store for the Toronto real estate market. - CondoSavvy

Original article via BuzzBuzzHome.

2017 was a year of rocketing highs and plunging lows for the Toronto real estate market. The new year promises to be a bit more balanced — but for how long?

“I think we’re going to see a perception problem in the market, at least for the first few months of the year,” Bullpen Research & Consulting president Ben Myers tells BuzzBuzzNews. “This time last year we were in a bubble — prices were in the $900,000s. We’re going to see comparisons year-over-year that are going to look really terrible, and people will think the market is tanking.”

Which it won’t be, according to Myers.

 

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