Canada Real Estate - The Verge Of Collapse P2

Real estate in Canada is declining the average home in Ontario 2018 - $578,00 Down 13.0 % and has furthered declined in 2019!
Get this the average condo in Toronto sells for $600,000 and continues to have a rate of return of 14% this has to do with foreign income & surge in renters!
Foreign income + More renters then buyers means higher condo prices lower town home prices!
The verge of housing correction is more likely then a collapse a 10-15% decline bringing homes closer to $400,000 would bring reason back with this 2.9% insured bank mortgages. That Toronto condo game though ;) beyond my pay grade still lol!!

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