Declining prices in Vancouver are taking some of the risk off its housing market, but that's not the case in Toronto.
Vancouver's house prices are still falling, but Toronto appears to be on the edge of a new price boom.
Canada might actually be losing jobs right now; renewable energy is now often cheaper than fossil fuels.
Payback is a b*tch.
The city just clocked its slowest March for home sales since 1986.
The government says it's all part and parcel of efforts to make housing more affordable.
Housing markets around the world are moving in unison more so than ever before.
In the near term, the market is headed down. In the long run, expect more massive price gains.
Home sales and prices fell again in November, as a CIBC report warns the downturn isn't over yet.
Chinese investors and migrants could "reconsider their commitment to Canada" as tensions mount.
With Vancouver building 1.2 new homes for every new resident, the market may be headed for a “bumpy landing."
If current trends continue, all the housing in Greater Vancouver will be in a “buyer’s market” within a few months.
In some areas, detached home prices may have fallen as much as 30 per cent.
You know things are bad when..
Detached-home and condo prices are now falling.
The median home price was 11 times the median household income.
Just don't expect another real estate "frenzy" anytime soon.
It's deja vu all over again.
Believe it or not, it's a buyer's market out there.
But Vancouver is back to its old tricks, and Toronto is seeing a temporary bounce.