There's a housing bubble in Canada right now, especially in Toronto.
The Motley Fool highly doubts the bubble will pop in 2019. They said, "Some analysts — myself included — think the likelihood of a major housing correction in 2019 is unlikely. There are simply too many long-term factors helping to push prices higher in our major markets."
However, there is always a risk!
This is a good time to be careful about your investments, and potentially identify other areas to invest in.
Many thought Canada’s bubble would pop shortly after the United States’s real estate market imploded in 2008, but the average price nationwide kept chugging upwards.Although Home Capital has done an admirable job shoring up its balance sheet and regaining the market’s confidence — thanks in
There's a housing bubble in Canada right now, especially in Toronto.
The Motley Fool highly doubts the bubble will pop in 2019. They said, "Some analysts — myself included — think the likelihood of a major housing correction in 2019 is unlikely. There are simply too many long-term factors helping to push prices higher in our major markets."
However, there is always a risk!
This is a good time to be careful about your investments, and potentially identify other areas to invest in.
Click the link to learn more!