Toronto housing market to bounce back: CMHC

[ahlam1399]

http://img-s-msn-com.akamaized.net/tenant/amp/entityid/BBEl7Z0.img?h=100&w=100&m=6&q=60&o=f&l=fTORONTO - The recent downturn in Toronto's real estate market, brought on after Ontario introduced measures this spring including a foreign buyers' tax, is expected to be brief, the federal housing agency said Wednesday. Property prices in the city ? which fell from an average of $919,589 in April to $793,915 last month, according to data from the Toronto Real Estate Board ? should pick up again due to supply constraints and a stronger eco**my, Canada ...

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