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Speculative investing in residential real estate has become an important concern, prompting Canadians to overbid on properties
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Canada's double-digit house price inflation will lose steam next year, but affordability is still almost certain to worsen in one of the world's hottest property markets, according to a Reuters poll of analysts.
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Recent data suggests investors now make up the largest segment of residential real estate in Ontario, and it’s pushing the dream of ownership out of reach for many looking to buy a home simply to live in.
TORONTO — Canada’s pandemic housing boom has attracted a larger-than-usual share of speculators, many of whom took advantage of falling variable mortgage rates…