Because the housing market is very regional, the story in Brampton East, in my neck of the woods, is a lot different from the story in Alberta that many of my colleagues talk about. Funnily enough, from one end of Brampton to another, the story is different.
What's happening in my city is that supply is really driving up prices. In January the forecast across the country for construction start-ups, again was at record highs. When I drive past a new open house or a model home, and there's a lineup of people willing to spend $700,000 and six hours in line to buy a house in the area they want to live in, and then I come back here and I hear all this testimony saying that the housing market is sound, there seems to be something wrong.
I know you're still looking at it. Would you say that today the market is stable and that Canadians are okay purchasing their homes with confidence?