BRAUN: Hate to burst your bubble, but real estate still strong
(WorldNews Canada)

COVID and a hot real estate market have put Toronto in a double bubble. This is the only city in North America where houses are deemed to be so overpriced they`re in a housing bubble — third year in a row Toronto real estate has been flagged as overpriced. We apologize, but this video has failed to load. Try refreshing your browser, or tap here to see other videos from our team. The bubble designation comes courtesy of Swiss Bank UBS in its annual round-up of 25 cities around the world; its rating system puts Toronto ahead of cities such as London, New York and Hong Kong for super-expensive real estate (based on local rents and incomes.) Toronto houses and condos have been pricey in the...