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Canada Mortgage and Housing Corp. says the country’s housing markets remain “highly vulnerable” overall for the sixth consecutive quarter with evidence of overvaluation and price acceleration, despite some improvements seen in Winnipeg and Saskatoon.
www.cbc.ca/news/business/cmhc-housing-market-assessment-1.4510361
Shared via the CBC News Android App

As most people are aware the market in Durham for 2017 stalled in April and went down from there until the fall. Then prices started to stabilize. The inventory is still 3 times what is was in 2018 over 2017 for Durham. Rates are going up! So in my opinion it will be difficult to get price increases for 2018 and will become more difficult if rates continue to go up. If you have investment properties you may want to consider cashing out. If you are moving up or moving down it does not really matter where prices are since you are working in the same market place so it will have little effect on a lateral move. If you do decide to buy make sure you get the best deal possible especially since right now it is a buyers market!