What is in store for Toronto, Ontario housing market?

[Liana Nissanova]

Hi, I would like to know what investors from Ontario, Canada think of the market here in GTA. I am still new to investment world and don’t have much of experience or knowledge of how to analyze the market. We all can see  that there is a huge slow down and a lot of markets got flat and wonder if savvy investors think that it might sink further, especially now with mortgage rate going up again in October. Is there a hope that it might improve in spring or will it burst?