Real estate experts call it the "new reality," and the high price paid for a north Toronto bungalow is the latest evidence.
This month, the three-bedroom bungalow, circa the 1960s and without much updating, sold for $421,800 over the asking price, creating a buzz among agents and other buyers.
To read the full article follow this link: http://www.cbc.ca/news/canada/story/2012/03/14/real-estate-overseas-investors.html
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