By Val Logaridis
As Torontonians, we are all very well aware of the rollercoaster ride that Toronto Real Estate has undergone since the Downturn in the Fall of 2008 to the Giddy Heights of Spring 2010. But, do you have any idea how our real estate market compared to other Canadian cities over the same period of time?
Under each graph is a list of the other Canadian cities that performed in the same manner as the cities sited in the graphs. Many Canadians have already reaped the benefits of diversifying their real estate investments. This might be something that you would like to consider.
Val Logaridis is a Sales Representative with Royal LePage R.E.S. Ltd, Johnston & Daniel Division. Val is a regular blogger with Muddy York.
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Interesting thing is that the recovery from the recession has boosted the sales even in cities, where the market wasn’t that strong before. But I think that this is a kind of special situation and it won’t last much longer – the market will become balanced in the second half of year. Anyway, with careful planning, investments diversification might be a very good step nowadays.
Elli