If you make your living analyzing housing markets, I hope you have a second gig. No asset class goes up forever, whether it is bonds, stocks, or real estate and we've had the biggest and longest bull run in a generation. Interest rates are trending up and housing costs in Canada's major cities are severely unafordable for people with average incomes. It is far cheaper to rent when you factor in property taxes, utiliies, insurance, etc.  If Christy Clark actually stopped the Chinese money laundering in Vancouver instead of enacting toothless half baked measures, the market would fall like a tonne of bricks.