How much does Hong Kong tell us about what's about to happen here?

Discussion in 'Property Market Economics' started by jaybean, 6th May, 2017.

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  1. radson

    radson Well-Known Member

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    http://www.economist.com/news/ameri...te/bl/ed/bubblebaththeendofcanadashousingboom

    Now there are signs that the market may have peaked. Property agents in Toronto report that after dropping for nearly a decade the amount of time that houses spend on the market is lengthening. Houses that used to attract a dozen bidders, they say, now get a handful. Google searches for the term “housing bubble” have spiked. There are more “for sale” signs and fewer actual sales. These are signs of a market at a turning point. The question is whether the turn will be smooth or scarily abrupt.
     
    radson, 21st May, 2017
    #21
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