Great analysis! You wrote CORRECT or INCORRECT! 

Sorry to pop your own bubble but...

1. The bubble has went "pop"! Toronto average prices down -20.2% in a few months. Second chart clearly shows housing price momentum crashing!
https://www.zolo.ca/toronto-real-estate/trends
http://www.chpc.biz/housing-price-momentum.html

2. B-20 legislation will take away 18%+ of buying power. Mortgage experts all agree and are getting ready for it.
https://www.canadianmortgagetrends.com/2017/07/b-20-bombshell/

3. Low Mortgage defaults rates are a predicament to housing crashes. 
http://www.canadianbusiness.com/blogs-and-comment/canadas-low-mortgage-delinquency-rates-dont-mean-everythings-fine/

4. Prices will drop another 20%. It is speculation. But its through research and analysis. Interest rates up, B-20 will be the final nails in the bubble coffin. August is already a massacre.

I cant be bothered with answering the rest of your "INCORRECT" with stats/evidence/reality.....