UBS bank released it’s annual Global Bubble Index Report. Once again Toronto Housing market has made the list. With Toronto Real Estate continuing to make headlines for lack of affordability, have the cracks of the market already began?
1. Hong Kong 2.03
2. Munich 1.99
3. Toronto 1.95
4. Vancouver 1.92
5. Amsterdam 1.65
Full Article and report download here https://www.ubs.com/global/en/wealth-management/chief-investment-office/our-research/life-goals/2018/global-real-estate-bubble-index-2018.html
Photo by Eugene Aikimov on Unsplash
Will this have any effect on the overall Toronto Real Estate housing Market. Is Toronto real estate bubble real and if so, will there be a real estate correction?
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