See Larry's Post.
Ok lets not get too excited, we have seen this movie before and it didn't end well. We saw a big drop in mid-2011 only to see it rise like a phoenix to new heights and I am not even talking about 2009 when tweedle-dee and tweedle-dumb rigged the system so that we were denied our correction.
Lets see what the official number say and how the GVREB spins it.
Toronto Bursting? – “People need to ask themselves very carefully, “Why am I buying this house?” - During the first two weeks in May, according to preliminary data from Toronto Real Estate Board, home listings surged 47% from the same period last year ev...
1 day ago