POLL: Has the market hit bottom?
With recent signs of life in Toronto's housing market, including quick sales and studies citing greater affordability, it seemed like a great time to ask Yourhomers if they thought the market has hit bottom — and the majority say no!
More than half, at 55 per cent, of voters said the market will continue to slide. Just under a third, at 28 per cent, said we've hit bottom while 11 per cent say the worst might be over. The remaining six per cent said they didn't know.
Personally, I have no idea whether we've hit bottom and are recovering or if the market is merely having a bit of a spring thaw. Either way, it seemed like a good time for Mr. Speedy and I to buy!
This week's poll continues on the idea of buying a home, looking at a recent trend of people trading in large homes for teensy luxury condos — with astounding price tags. Would you rather put your dollars towards square footage or amenities? Vote on the front page and let me know!
And, for some more Saturday reading, check out the fabulous wallpaper in Colin and Justin's bedroom makeover, get some eco-friendly product inspiration and learn the basics of green gardening (after all, with this weekend's forecast, isn't it the perfect time to putter in your home plot?)