Toronto Real Estate: Are Prices Really Up?

Had some thoughts on Real Estate pricing that I wanted to share with you. Lots of discussion always on prices going up or down and what it all means especially when the interest rates have so much effect on affordability today.

Let’s start a bit of discussion: Is the same house worth more today than three years ago and will it be worth more or less in another year…will low interest rates allow buyers to pay more giving the illusion that house prices have gone up or down…Is that same house up or down or has the market just shifted to the higher range… 

[youtube]http://www.youtube.com/watch?v=Fum99nQrTmI[/youtube]

Feel free to add your “two cents” below:

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