Will Toronto real estate collapse soon?

Toronto real estate market in on fire with the property prices skyrocketing uncontrollably even during the pandemic. It was a bubble which never burst. But not any longer, experts are expecting a collapse of Toronto real estate market sooner than expected.

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Unless a bunch of people move out or there’s a Canadian 08, it’s highly unlikely. I think it’ll still appreciate and continue to do so, since people are always looking to move into the GTA cause of the employment opportunities.

I think Vancouver/Lower Mainland is a lot more likely, considering there’s limited entrepreneurial and employment opportunities.

 
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