Hearing mixed reviews about the T.O. RE market which does not indicate any price reductions.  Yes the over priced dog listings are sitting but quality listings in prime neighborhoods are moving steadily.   The good thing about the new imposed foreigner tax is that it slowed price escalation in Toronto.  Now Montreal real estate prices are in escalation mode.   How long will it take for the Canadian Gov't to limit foreign RE investment in Canada or put on a moratorium until the Canadian dollar rises in value ?