# Toronto Real Estate

# The 2009 Stimulus For The Canadian Real Estate Sector

With the global financial plunge and tighter credit restrictions on lending dealt out by many financial institutions, potential home owners are being forced to settle to rented apartments than fulfilling their deepest dream of owning their own homes. The obvious increase in rented apartments in 2009 will reflect an increase in rental prices amidst the present financial crisis. The situation is even worsened with the increase in unemployment as many home seekers will have to put off their many years of planning and possible savings for more prosperous times in the real estate sector.