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Crash Avoidance: Toronto Condo Market Pulling Off A Turbulent Landing

Found this very interesting article from TD Economics: TD Bank Financial Group.

Is the Toronto condo market either experiencing or headed for a crash? Our short answer would be no. Many conditions present in shattered markets are thankfully lacking in Toronto, from a massive prior run-up in prices to excessive overbuilding and inventories, to unsound mortgage financing practices….. Rest of story here.