I think prices will continue to slide for a while. They are in abnormally high heights considering the underlying economic fundamentals. TREB has lost ALL creditability on this issue. Not once have they said it's a bad market to buy in. Not once. TREB is a cover for greedy realtors (not all but there are some shady double dealings going on) . When will the government take real action and regulate the market people who are driving unhealthy speculation for pure profit and that undermines a healthy RE market and affordability ? They have it in Vancouver -why not Toronto ?  Why is the Globe and Mail trusting this organization, who yet again tries to spin the math into a possible "buy" opportunity? First you had lying TimHudak and now another lying Tim. Last time we heard from TREB it was the Golden Horseshoe math, until the government started collecting their own data. Now it's "composition " hiding price gains. Until the government has its own data the public is being conned. Wake up!