The numbers are out , Toronto real estate market in still active. Sales are up 23% in comparison to July 2010. Lets see how the real estate market performs with this selling rally at the Toronto Stock exchange and all the major financial markets.One thing for sure we are not going to see interest rates hikes with the financial crisis in US and now European nations are joining too. Buyers go for long term mortgages and buy , as we are in a safest market in the world of financial chaos. I am reminded of what Warren Buffet once said, "Be fearful when others are greedy and greedy when others are fearful."