Advice on Toronto Market

[Yuse Segura]

Hello BP followers, 

I need some feedback about investing in Toronto and surrounding areas. For those who didn't know; the Real Estate market has become very unpredictable in the last two years here in Toronto. The prices for homes are going up and up each day. The interesting part is that homes are being listed at one price but sell for in some cases for at least a 100,000 dollars more than asking price. Not sure how to go about our first investment property. I have considered investing on condos but i'm unsure about the pros and cons to do so. I'd like to get your input about this topic which has a lot of us thinking about it. 

Thanks,