patrick.net

http://www.theglobeandmail.com/report-on-business/economy/housing/record-levels-of-home-building-in-canadian-cities-raises-red-flags/article25634742/

More than a quarter of Canadian construction industry professionals told a new survey by London-based Royal Institute of Chartered Surveyors they were worried that Torontos housing market was at risk of a price correction because of high levels of new home construction. Half also pointed to Calgary as a market where the level of residential construction threatened to outstrip demand amid falling oil prices, putting home prices at risk.

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