Toronto’s real estate market is on fire. Every single neighbourhood in the central core is witnessing severe shortages of supply and consequently significant price increases. Is relief in sight, perhaps a double dip?
I don’t see it. It is likely that our economy and that of the world will continue to recover for the better. Real estate prices are leading indicators, meaning they foretell the future of the economy. It will likely get more expensive everywhere for several more years.
Where are this city’s bargains? My pick is the area east of Sherbourne, south of Queen, west of Leslie, and north of Front. In simple terms, the east end is where the action is.
Brad is recognized as one of this country’s most influential real estate professionals. To date, he has been involved in over 13,000 condo sales for over $3.5 billion dollars. For more information on Brad J. Lamb Realty Inc. click here.