Will second wave of COVID burst Toronto real estate bubble?
Since March, there was first the market freeze-up in the immediate aftermath of the lockdown. In a matter of weeks, however, the buyers were back, thanks in large part to the real estate industry pivoting to more robust virtual marketing while implementing safety protocols to ensure showings could be conducted safely and responsibly. As spring progressed into summer, the sales figures continued to boggle the mind. Houses were selling with multiple offers for record prices in
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