Will Canadian real estate market crash?
 

I think that the Canadian real estate market is headed for a severe crash, which will bring the average home price in Canada down 30-50%. What do you think? Please share your opinion here and don't forget to vote.

I do expect some problems with the real estate market in Canada, but I don't think prices will be 20-50% down. I see it more like 10-15% down from where we are right now. Don't forget that Alberta's real estate market is very hot.

I don't expect the market to crash, not in Toronto. In some provinces maybe, but not here. The demand is huge here. Look how many new immigrants are coming every year.

Interesting discussion you have here. For 6 years now I have friends saying that the market will crash... But look, it's not crashing.
Everybody is an expert these days, some people even predict the crash of the crashes but life goes on you know…. ;)

I really think it will crash hard. These price levels are simply unsustainable. Families with $50K yearly income before taxes buy houses for $350K with 5% down. You have to be really out of touch with reality to believe this will last.