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Some more good news from the canadian housing market

Financial Post
Banks see more evidence of slowing mortgage growth
Historically, bull housing markets have tended to end sharply with little warning. But among financial industry players there is growing consensus that this time will be different. At a recent bank chief executive conference in Toronto, the heads of the major Canadian lenders agreed that the mortgage volume growth is moderating after a period of double-digit growth, partly because of moves by the federal government to tighten rules around mortgage lending. The thinking seems to be that residential real estate is headed for ‘soft landing,’ a healthy development that will eliminate some of the froth from the market.