Canada’s Real Estate Sales Plunge! BIGGEST DROP SINCE 1989! Toronto and Vancouver Meltdown!

Canada’s real estate market is cooling off, BIG TIME. What was once a hot and heavy housing bubble has now been focused to just a few locations. Overall sales are down significantly from their peak and the government is still promising to make more of an impact to continue to cool this madness down. Will they accomplish their stated goal?

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Sources Used in This Video:
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Vancouver's Hot Housing Market Gets Tougher for Wealthy Chinese - Bloomberg
https://www.bloomberg.com/news/articles/2018-02-20/british-columbia-extends-housing-crackdown-with-tax-increases
Toronto Strain Drives 14.5% Plunge in Canadian Home Sales - Bloomberg
https://www.bloomberg.com/news/articles/2018-02-15/canada-january-home-sales-plunge-14-5-led-by-toronto-strains
Toronto’s Housing Recovery May Trail Vancouver’s - Bloomberg
https://www.bloomberg.com/news/articles/2018-01-05/toronto-housing-recovery-may-trail-vancouver-as-new-rules-bite
Mortgage Rates | TD Canada Trust
https://www.tdcanadatrust.com/products-services/banking/mortgages/mortgage-rates.jsp
Don't know if Canadian interest rates will rise again this year: Poloz - Business - CBC News
http://www.cbc.ca/news/business/poloz-davos-interest-rates-1.4503324