Pricing Bubble Toronto real estate

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Uploaded by on Dec 16, 2009

Are we in a Real Estate http://bit.ly/GetDave Bubble in Toronto? Is Oakville Immune? http://DavidPylyp.com You need too many homes available for sale and no one buying to create and burst a bubble. Add your comments Here If you want to Buy or sell Call me at 647 218 2414

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Uploader Comments (dpylyp)

  • I dont know this guy....but I can't trust him!

  • @toti35 @toti35 David Pylyp Accredited Senior Agent and Hall of Fame Award Winner I have 23 years selling real estate. I speak three languages; English, Real Estate, and Computers. With buyers and sellers using the internet as a primary source of information these days, working with a tek savvy Realtor is vital. I've built a successful career in Toronto west real estate by leveraging my Information Technology/Computer background to help my clients sell and find the home of their dreams.

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  • Nonsense. It is like during the dot com days. More useless internet gadget made would generate more demand for more components that goes into those useless internet gadget. The real estate market is driven by people selling each other homes is even increasing price. Sure, everyone feels richer as long as when the music stop.

  • dont buy now!! save ur money n let the real estate agents sweat it out, there will b a huge surplus of homes eventually n the prices can only go dwn they r way over inflated.

  • I would be shocked if people buy this nonsense! Like the USA, other countries in the world are suffering a housing bubble collapse. Here in the UK, we would be in much worse shape were it not for the fiat money the govt is throwing at the problem. However, the wheels of this bus are about to come off as elections will soon be over and the bitter medicine is going to be doled out, whoever is in power. Look around you people of Canada and be aware of what has happened elsewhere.

  • STOP!! watching HGTV and STOP!! listening to Real Estate Agents. Do your third grade math people and learn from us folks in Las Vegas. Toronto is doing EXACTLY what we did down here in Nevada and you will suffer the EXACT same results. Your Canadians for crying out loud your supposed to be smarter then this. Stupidity and greed is our thing not yours.

    Thanks for a great Olympics by the way, OUTSTANDING!! and congrats on winning Hockey GOLD!! Killer game.

  • Why would Oakville be immune? There is nothting special about oakville. GTA will be hit with a 25-35% price correction downward over the next 2 years. Your logic is worthy of a grade school student. Good luck with that big mortgage. Rush is only to get in before rates go up. Once that happens look out! Anyone who has bought in the last year has purchased at the peak of the curve and will pay dearly. The ones who sold and are now renting are smart ones.

  • David becuase people are holding on to get more in few months down the rd, intrest rate can not stay at this level, and once it rise then you will see the drop in properties in toronto

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