From WSJ: Low interest rates and strong job growth will keep Canada’s housing market healthy this year, although price gains will be minimal as demand cools slightly, Bank of Nova Scotia said Tuesday.

With housing affordability waning following several years of steady price gains, tighter mortgage rules coming into effect this month, and a lack of pent-up demand as homeownership levels have reached record rates, the market is “transitioning to a softer plane,” Scotiabank’s real-estate expert Adrienne Warren said at the bank’s annual housing forum……………………………………Full Article: Source