In this video, I discuss the current state of the Canadian housing market and the potential challenges that buyers may face. I highlight the decreasing inventory and the upcoming dump of inventory in January. I also mention the impact of the current administration on the economy and the importance of being cautious with investments. Additionally, I touch on the issue of long mortgage terms and the potential risks associated with them. Overall, this video serves as a warning to buyers and emphasizes the need to act now and make informed decisions.

00:00 Inventory Situation

00:59 Importance of Selling Now

01:37 Economic Boost and Short-Term Memory

02:41 Market Imbalance

04:18 Focus on Woodbridge Area 

05:07 Principal Payment and Average Mortgage

05:39 Canadian Banks' Robustness

07:53 TD Economist's Forecast