5 reasons (besides low interest rates) why Toronto and Vancouver real estate may only get hotter

Being a Vancouver boy at heart, I love the great reads that pop up around the web about the thriving real estate market there. Bidding wars, “knockdown” shacks being sold for 2.4 million…… It’s the stuff real estate enthusiasts love to sink their teeth into.  We love to know the ins and outs and the “why’s”.

Low mortgage rates, supply and demand, foreign investment all are playing leading roles in the fiery dramas that are unfolding in the Toronto and Vancouver housing markets. Everyone has their favorite lead actor/villain driving these two markets skyward, but there are more pieces to this house shaped puzzle….

Continue reading here, story via Buzzbuzzhomenews