Canada's housing market has been booming for years now, with prices soaring to red-hot levels in many parts of the country. But at long last, there are signs that things are cooling off.
In Vancouver, where there is a large disconnect between prices and underlying fundamentals, the housing market has cooled sharply. Toronto is also due for a cool off-period, given the massive runup in prices. So what's in store for the property market across Canada? Which regions are most vulnerable to a price correction?
Ben Rabidoux, who has been writing a weekly column for our month-long Home Buying site, joined us to answer your housing-related questions. Mr. Rabidoux, an analyst and strategist with M Hanson Advisors - a market research firm catering to institutional investors, covers Canadian macro economic trends with a focus on housing and consumer credit. He also has a website, TheEconomicAnalyst.com.
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For tips, stories, videos and live chats about what's going on in the real estate market, check out the Globe's Home Buying section for daily updates.
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