Is Toronto’s housing market headed for a repeat of 2017? A supply shortfall is pushing house prices north, again

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Never mind that the calendar says it’s 2020. A current of concern is coursing through Toronto real estate circles about whether the region’s housing market is heading straight back to 2017.

Downtown agents are reporting a surge in the bully bids and competing offers that some say are eerily reminiscent of the property fever that gripped the market in 2016 and early 2017, particularly in the condo sector.

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Original Article Source Credits:   The Star ,

Article Written By:  Tess Kalinowski

Original Article Posted on:   Feb. 18, 2020

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