Everytime I meet with a client for the first time, before we even get to the formal introscuntions I am always asked this very ?. First of all, let me dispel the myth that real estate agents are not by any stretch clairvoyants although some of us would certainly like to be ;) I was fortunate enough to have entered in to real estate market during a real up swing and despite a few ups and downs in the interest rates lately June was still considered one of the hottest months this year with sales up over 30% from the month before.

For those wanting a steady return on their money, real estate in Toronto can be a sure bet. When the baby boomers started madly... buying houses in the 1980s, suddenly real estate seemed like the path to instant wealth. The real estate markets fluctuate constantly. There have been times when condo/house prices have gone down. However if you look at the overall price of condos/houses in your area over the last 10 years, in most cases, prices have risen. Where is the Toronto Real Estate Market Headed? Nobody can accurately predict. But even if condo/house prices don't rise phenomenally, a home/condo has several things going for it as an investment.