One month don't make a trend. And you can bet the NDP/Greens will be deflating this market with more taxes. To me, it just looks like the market is topping (like a stock chart), and will inevitably fall. Because most people simply can't afford these houses on their wages without super cheap interest rates - they are living well beyond their means. This interest rate environment is about to embark on a long uptrend, just like it was on a long down trend for many years. This will be very painful or disastrous for those with huge mortgages and other debt.