Toronto's insane real-estate bubble is finally bursting
by Cory Doctorow from on (#2YF3N)
Toronto's crazy-insane property prices stayed high even through the 2008 crash and its aftermath, but sales volumes of houses of all types plummeted by 40.4% for July 2017-vs-July 2016, new listings are up by 5% over the same period -- and the average selling price has fallen by 19% since April. (more")