Don’t worry about a housing crash

Experts have been warning of a housing crash for more than five years, since the economy began recovering from the crisis. But each year, they’ve consistently been wrong.

In fact, reports moneysense.ca, in 2009 Gluskin Sheff & Associates warned of a 35% decrease in prices. Instead, home prices increased 4.9%. And just last year, BoC predicted a 30% drop, but prices went up 6%.