The term 'Housing Bubble' makes me crazy - it certainly applied to the 'bubble' of the late 80's but unlike that (long ago) past, our market hasn't dramatically risen over that same short period of time. Overall, the supply of listings and buyer demand has remained fairly balanced (ie: no bubble catalysts present).
Anyhow - that's my rant, however the article below is (in my opinion) a good prediction of the next year or two as far as rates and 'bubbles' go :)
http://money.ca.msn.com/investing/deirdre-mcmurdy/will-canadas-real-estate-bubble-eventually-burst
Cheers,
Corrie
Tuesday, November 22, 2011
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