We could be in for "a typical correction," one analysis predicts.
Quebec's largest city has overtaken Vancouver as the number-two housing market in Canada.
Edmonton house prices are lower today than they were 12 years ago.
The up-and-down real estate market is down again, with one measure showing widespread price declines.
House prices have been falling for three straight months, suggesting the party may be over.
Equifax will combine credit histories, ratings, and mortgage information with Teranet's database of property values to offer lenders and financial institutions an assessment of a borrower's debt-to-asset value and home equity. This RESL metric will help lenders measure risk in the real estate market, allowing them to determine if they want to lend or not.
'Two housing markets' in Canada Toronto, Vancouver see nearly 10% price gain Housing bubble? Canada can handle it, Ben Bernanke
% change from 12 months ago: -0.46% % change from last month: -0.49% Year to date: +2.12% OTTAWA House prices have been rising
The Teranet/National Bank house price index hit a new record high in July, largely due to strong growth in the Toronto area
So much for Toronto and Vancouver's incredible, incomprehensible house price growth. Prices across Canada are fizzling, and