“I don’t believe we are going to have a major, major collapse in housing.”
Vancouver in turmoil, Toronto spikes.
“The housing market in East Vancouver has collapsed. No bidding wars.”
Their bone-chilling chart.
Will these converging headwinds lead to a repeat of 2009?
This time, you can’t blame the dollar or oil prices.
More Canadians sour on their Magnificent Housing Bubble.
The hunt is on for Chinese buyers.
But the Economy is Bogged Down.
The short sellers are coming: “a money-laundering-induced market.”