IF THE GASOLINE CAN GOES BACK TO $8 /LITER, THEN THE PROPERTY MAY HAVE A PLUNGE IN THEIR PRICE! I SAID " MAY HAVE ", THAT MEANS THE PROBABILITY IS SLIM!
Year 2000, 260K can get a single detached house??? In Newmarket and it was about 1,000' town-house?! I remember in 2002 or 2003, 2000's big town-house ( 2 parking ) opposite to Times Square was around 240-250K! In 2005, I brought one & rented out; but the rental at that time was only Cad$1,600./ month.