Quote:
Originally Posted by HillStreetBlues
Those are incredible sales drops.
So far, the media are not covering the market collapse/crash/decline/whatever-you-want-to-call-it. Once they do, and Canadians remember that prices do not go up forever (it's been almost thirty years since a significant decline in Ontario), prices could fall even more.
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I wouldn't term this a 'market crash'. The government crashed it themselves because they refuse to end their relationship with NIMBY's. The real solutions are found in adding millions of new housing units in Southern Ontario. Not artificially slowing the market.