Skip to main content
earlier

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.

For a mobile version, click here.



<iframe src="https://embed.scribblelive.com/Embed/v5.aspx?Id=47670&ThemeId=2893" width='458' height='800' frameborder='0' style='border: 1px solid #000'></iframe>


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.

Interact with The Globe