Housing in toronto isn't ready for a drop. Its not really a bubble, anyway, people are just willing to work their ass of for 25 years to live here.
If the housing market dropped 10% across the board in toronto, tons of new buyers would get into the market seizing the opportunity, which would drive prices right back up.
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Hot: 2001 Estoril M Roadster
ZCP 19's michelin supersports, ZHP knob, JL 8W3
Cold: 2002 TiAg M3 6mt deoranged, dechromed, led tails, ZHP knob, UUC SS v3, GROM, OEM 18's w310's,
Fun: 2006 YZF-R6, black, ohlins, pazzo, cat delete, vance hines csone, YEC racing tune