Sorry haters, Toronto real estate prices still have room to grow
Every year for the past 10 there have been predictions calling for the Toronto real estate price collapse. As you know, every year for the past 10 Toronto real estate prices have increased.
When we look at the prices per square foot of Toronto real estate vs. other Global cities we see that Toronto prices still have room to grow. While its a stretch to think of Toronto like New York or London, Sydney and Singapore might be good comparisons. From the charts below, Toronto prices could grow another 50% to 100% to reach Sydney levels.
Read more at the National Post
Or check out the Global Property Guide