Are House Prices in Toronto Too High, Too Low or just right?

We must now all be asking ourselves "at what point should I sell my now overvalued home and take the money and run?". Leaving aside annoying details like children or quality of living how much money do we need to get to sell the house and live off the proceeds? Number 1, all proceeds from the sale of your primary residence are completely tax-free. So the money, less over-inflated commissions is what you bank. Number 2, what type of return can we expect on the proceeds once we have them and what degree of risk do we need to take? Number 3, what stage in life are we at? Number 4, where do we need to live/want to live? Number 5, do we buy or rent and where? Number 6, okay there are the kids to

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