So, two questions.  1.  What is your vested interest in the housing market.  2.  You entire analysis is predicated on the continued historically low interest rates.  What happens to your model when rates go up?  Have you read ANY of the concerns from the CMHC, World Bank, IMF, and just about every major bank economist?  The information you are publishing, while undoubtedly "factually accurate" doesn't address the mounting debt crisis facing so many Canadians.  

You seem to ignore the following fact:
The credit-monitoring firm TransUnion reported recently that 718,000 people with debt would be seriously affected if interest rates rose just 0.25 of a percentage point, and one million people would struggle to cope with a rise of one percentage point.  (This is from YOUR OWN paper, the Globe and Mail)