All you need to know regarding the housing market in Toronto, Canada and abroad.
This week in Toronto: Realosophy crunches the numbers in a Toronto Star feature, it's every man for himself in real estate bidding wars, and the east end is being gentrified by a band of savvy locals.
Elsewhere: What's next now that Jim Flaherty has retired, the housing market in Las Vegas isn't stable and North Korea is Asia's hottest property market...really.
Housing war heats up in east end Toronto (Toronto Star)
"These bidding wars are really changing the price point of neighbourhoods fundamentally — permanently," says Leslieville realtor John Pasalis. He's seen the most heated activity in the east end of the city, even into some more suburban-like Scarborough neighbourhoods.