Recent article in the Toronto Star gives some interesting Theories as to what may be in store for us in the up coming years.
2014 could be turnaround year for Toronto house market
By:Susan Pigg Business Reporter,
The coming year could be turnaround time for Toronto’s housing and rental markets.
With a surprisingly unpredictable 2013 coming to an end, economists are weighing in on what the future could hold. While opinions vary somewhat, there seems general agreement that house price gains will slow — if not slip by the end of 2014 — and the rental vacancy rate should edge up slightly as a record number of new condos come on the market.
Even though this refers to Toronto Markets, we in the Burlington , Hamilton areas will be effected by Toronto Market changes in the near future. I feel this article sheds some positive light on the up coming year in Real Estate.