While the Toronto and Vancouver real estate market is on fire a new study indicates our prices per square foot is catching up to international cities such as Rome Milan and Paris.
Are we the next Paris?
While it's good for current homeowners to build their equity, it's making it harder for first-time homebuyers to buy their first home. It’s still doable when you consider the low rates and that a $500,000 mortgage can carry for a $1946 per month …read more
http://business.financialpost.com/2014/11/05/toronto-and-vancouver-home-prices-pass-rome-and-close-in-on-paris/0
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