Real Estate Market Update And Trends 2012

Is Toronto’s Housing Market going to CRASH in 2012?
Are we at the peak of real estate prices in Toronto?
From the beginning of this year, articles after articles published in main stream media claiming that crash in real estate prices are inevitable. According to these editorials, these concerns are more applicable to Toronto’s condo market. Some predict the fall in prices as much as 25% while others are cautiously optimistic and forecasting a milder landing.
My reading of the current real estate market is that it will be more or less a stable and “FLAT” market for the foreseeable future.