Let's see how much you truly believe that above...ill take a wager.30% and 70% is more within the range of reasonable fundamentally based expectations. Toronto is already closing in on the lower number.
This is for city of Vancouver detached...and my bet is against. Timeframe of 3 years.
$500 on a 30% decline
$1000 on a 40% decline
$5000 on a 50% decline
$10,000 on a 60% decline
$50,000 on a 70% decline
We'll have Ozzie hold the money in trust as a neutral party.
Money, meet mouth.
And for Toronto, please provide a reference. I'd heard about falling sales, but not prices that steep