According to a recent survey by CIBC World Markets, the value of your home should double over the next 20 years.

Toronto Real Estate prices should go up even more says a senior economist for this Canadian Bank. The reason Toronto should go even higher is the demand by future immigrants that will drive up prices. Buyers in the 55-74 age group will also engage above average market activity in buying investment and vacation properties.

 I think the Intrawest projects in Collingwood are an example of future developments. Cottage country living in the Kawarthas and Muskoka are also examples of these rising prices. The last time I looked  cottage country prices are not coming down but rather increasing every year.

Fears of a softening of the housing market and downward pressure on values due to demographic changes are unsubstantiated according to the CIBC report.

Toronto Real Estate prices are still very reasonable compared to other cities in North America like New York, Chicago and Los Angeles. The average price of a resale home in Toronto is $372,169 according to the Toronto Real Estate Board’s current listings.

The Toronto Real Estate board has just released satistics showing April was the best month in history for sales and this shows the strength and breadth of this Real Estate Market.

Now just might be the time to look for current Toronto Real Estate listings of Condos  and Homes for sale.