Are inflation fears (the fear of being priced out of the market) moving markets higher. In Toronto it probably is, but in Calgary it’s Black Gold and Texas Tea.

Also, here’s a Poll forecasting: WHERE CDN HOUSING PRICES WILL BE IN 1 YEAR

Is this the start of a “Seven Year Itch”? 

Notice the circled highlight of 2006-07: The Real 10yr Yield was volatile and setting off on a major plunge into the 2009 Pit of Gloom (check); Gold was basing for another attempt at a new high before succumbing to an all market sell off (check); Energy was was at all time highs and about to spike (check) and Real Estate was at peak resistance on the verge of a prolonged 2 year correction (???).

For more:

Brian Ripley’s Canadian Housing Price Charts for Vancouver, Calgary, Edmonton, Toronto, Ottawa & Montreal
Real Estate Prices, Sales & Inventory with Plunge-O-Nomic Post Peak Price Action featuring the PLUNGE-O-METER