Canada Real estate market 'is nuts'



#RealEstate #Housing
There just aren’t enough homes to buy in and surrounding Toronto and Vancouver these days. When something does hit the market, as many as 50 buyers swoop in to compete for it which pushes prices through the roof. We’ve been getting monthly updates from the ground floor from Realosophy Realty’s John Pasalis and Oakwyn Realty’s Steve Saretsky, who help make sense of it all, with advice for anyone buying or selling a home. Also See: The latest real estate news for housing prices, mortgage rates, markets, luxury properties and more at Yahoo Finance Canada. They told us where they think Greater Toronto Area and Vancouver housing markets seem to be headed in the coming year. They also answered your questions about timing the market, interest rates, and government policies that could cool the market. If you have questions, email them to jessybains@yahoofinance.com and John or Steve will answer them on the next episode. Jessy Bains is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jessysbains.

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