Sunday, November 24, 2013

Expert Opinion on Real Estate

There's been too much talk about a bubble in Toronto. We have all seen the doom and gloom headlines from self proclaimed experts and we all know how much merit these have. Without making this post too long, here is what was recently in news. You make the decision.

Robert Shiller, the U.S. economist who foresaw the tech bubble of 2000 and the American housing collapse said, "Toronto prices keep going up. They have increased almost as much as New York prices ever did,” the Nobel-prize winner told a crowd of chartered financial analysts in Montreal two weeks ago. He went on to compare prices in Canada and the United States with graphs that support his view. Yet, when asked point blank, the Yale professor stopped short of calling it a bubble.

Formally educated as an Architect, Jagdeep Singh is Toronto REALTOR™ consulting on both resale real estate and new developments. Powerful Local Focus on Real Estate with a Global Perspective™.  This post is for information purposes only. Though effort has been made to ensure the accuracy of the contents, the reader is advised to verify the information independently. This post may contain contain information that is privileged, confidential and exempt from disclosure under applicable law. The reader is not allowed to reproduce it in any medium without the author’s prior written permission. Jagdeep Singh is a broker with Century 21 Heritage Group Ltd., brokerage (416) 798-7133 which is independently owned and operated. This message is not intended to solicit parties currently under contract.