Toronto Housing Bubble 2019 & Months of Inventory

Since a video I ran a 2019 update on the supply crisis in Toronto, we’ve had a lot of debate on what the months of inventory have to say about how tight the Toronto Real Estate market is going to get. You’ll get my opinion as always, but I want to show both sides of the coin and let you be the judge…

I believe we are seeing a seller market dynamic. Regardless if the cause is immigration levels, net population gain or the fading away of the mortgage stress test, the big question is what comes next for months of inventory because nobody wants to see another Toronto housing bubble…