Salient to Investors: Michael Hsu at Ipsos says the share of Canadian households with debts greater than or equal to 250 percent of gross income reached a record 13.5 percent in 2012 then dropped to 11.4 percent in Q1 2013, though most of the debt is going into real estate
READ MORE... →Salient to Investors: Toronto has more skyscrapers under construction than any other city in the world. John Andrew at Queen’s University said people buying units purely as an investment and not to live in is a sign that the Toronto market is on thin ice – the luxury market always feels the cracks of a
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