Two interesting articles in the financial post yesterday regarding condo overbuilding in Canada’s major centres and a housing correction that is starting to look very similar to what has been happening in most US markets the last year or two:

“Cracks appearing in condo land”:
http://www.financialpost.com/most_popular/story.html?id=917523

“Canada’s housing market ‘tracking’ U.S. boom and bust”:
http://www.financialpost.com/news/story.html?id=914783