Market strategists all have a different take on the stocks and even home valuations.

We have heard it many times regarding home ownership..the market is vastly overpriced.

Other observations:

• Sit on the sidelines
• Be more selective
• Wait for correction
• Overvalued
• Overpriced
• Overbought
• Overextended

The stock market is never priced on what stocks are worth today but rather what will they be worth in the future.

A recent chart with 25 years of monthly closes of the Toronto Stock Exchange Composite Index plotted with the average Greater Toronto average resale home price showed an upward trend for both.

The Toronto Stock Exchange Composite Index returned about 10 per cent annualized and the single family home returned about 5 per cent annualized.

The lower return of the average Toronto home sales over 25 years is accompanied by tax-free gains and most important shelter. You can not live in your RRSP!

Here are some current new and resale Toronto Condos for sale.