Douglas Porter, chief economist for BMO Capital Markets, suggested that the Canadian housing market will end up having a soft landing over the next few months. According to The Financial Post, sales have increased over the past four months, although they haven't changed much since Canadian government officials implemented tighter mortgage rules.
Home prices in the country have fallen by 5.6 percent this year, which has caused some concern among analysts. According to CNBC, home sales are also down 20 percent compared to a year ago, which is leading some to believe a housing crash is on its way.
If this is true, some Toronto residents might need to downsize their homes or businesses. If this is so, it would be a good idea to look for a Toronto self storage space to hold some of their items until they're able to figure out their next step.
Jiffy offers businesses plenty of options for Toronto storage, whether one needs to store filing cabinets or office supplies. What's more, the company is currently holding a contest for a new iPad 3, which is a device that just about every business person could use to help improve productivity.