Ha ha! You should work as a journalist for the RE section.

1. CMHC just said it was not supply and demand. "We continue to see strong evidence of problematic conditions in Toronto’s housing market. Economic fundamentals like income and population growth cannot fully explain the rapid growth in house prices in Toronto. (Dana Senagama, Principal Market Analyst , Toronto)

2. Prices have not stabilized as you say, down -17% in Toronto in last 11 weeks. Some GTA towns are down 20 to 30%! That is called a correction and crash for some.

3. The new regulations will drastically impact house sales. It already has! Once OSFI  forces a 2% stress test on uninsured mortgages (80% of total), it will turn heads, Rising interest rates will also slow this down considerably. 

At least do some research before posting ridiculous comments!