CAUTION - Canadian Housing Bubble
The Toronto Housing Board has indicated as of data from April 2017 that there has been a 33% increase in newly listed homes since the same time period in 2016. In addition to this, Google Trends released a report indicating that the terms "Housing Bubble" is now gaining significant traction for online queries, in fact, it has now reached peak in comparison to the previous 17 years.
A recent study (still under completion) is in its preliminary stages indicating that millenials are suffering from buyers remorse with the purchase of their first mortgages.
Is the tide changing? Let us know your thoughts below.
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