Quote:
Originally Posted by jay23
Thinking of moving back to Toronto after 20 years in US. The average price for a home in GTA is 650K, is this a bubble ? or is the price going keep going because of more and more Asians buying.
Jay
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I'll echo what most people said here - likely a good idea to buy for the long term.
We moved from Muskoka to Toronto 4 years ago, because we wanted to be back in a big city, so it was a lifestyle decision for us. We swapped (from a money standpoint) a huge lakeside house for a decent sized condo right downtown. We have zero regrets.
I guess you have to ask yourself: Why are you considering moving?
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