Heh, the CREA is tossing in the towel and actually forecasting next week that prices will drop "about three percent next year."
Considering what extreme of the spectrum they sit on . . . interesting times are certainly ahead.
"And we expect to go through a period where these large price increases are largely behind us, and we expect prices to remain stable as incomes and savings catch up."
I don't know about you guys, but I'm sure as heck looking forward to our income increasing 25-50% this year (along with a new massive savings account) - it's been foretold by the CREA!
