Not only did the house sell, but it sold for half a million over the asking price. Welcome to Toronto real estate in 2021. Home prices spiking by 30% in a year.
Many words are used to describe this period of time. Our guest uses one word "Unsustainable." Hilliard MacBeth is the author of the book about bubbles bursting in real estate.
In this episode of Sold in the 6ix we look further into the high prices and try to figure out if and when the bubble will burst.
Guest: Hilliard MacBeth, @hmacbe
https://inthe6ixrealestate.com/
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