Here's a small article from G&M stating that house prices in Canada are still strong. It cites the Teranet-National Bank index and compares is to our US counterpart. http://www.theglobeandmail.com/report-on-business/top-business-stories/house-prices-now-42-over-peak-a-regional-breakdown/article1654509/

Just sold this listing: "This 2-storey with a walkout basement is in need of a little TLC but is a great find with lots of space and terrific layout. At this price it will sell quickly so don't wait to book your private viewing today! Everything is "AS IS" with no warranties and/or representations."

Canadians are leading the pack with foreign investment in US real estate http://www.theglobeandmail.com/report-on-business/canadians-snap-up-us-properties/article1638310/

Just added this listing: "This 2-storey with a walkout basement is in need of a little TLC but is a great find with lots of space and terrific layout. At this price it will sell quickly so don't wait to book your private viewing today! Everything is "AS IS" with no warranties and/or representations."

Although all the banks have increased their lending rates some, like BMO and RBC, have lowered their rates. http://www.theglobeandmail.com/globe-investor/personal-finance/mortgages/bmo-lowers-mortgage-rates/article1629048/