The Motria Group's Market Blog: How are the new government regulations going to affect the hot Toronto real estate market?
Monday Apr 24th, 2017Share
How are the new government regulations going to affect the hot Toronto real estate market is the question of the year. So far we are not seeing a huge impact. Demand is still high and supply is still low. True, supply has increased in the last few weeks so we are seeing less offers on properties but the prices still appear to be high. It’s a bit early to tell, but I think that even if there is a shift in the market, prices may level but not plummet. I am not sure if that bubble will burst, if in fact it is a bubble.