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A rather sensationalistic article just came out in Maclean's (a leading Canadian weekly magazine) stating that the Canadian housing market has the potential to fall off the cliff like our U.S. neighbours. Judging by the number of errors in the article being reported by Teranet and the Canadian Real Estate Association (CREA) who say they weren't even contacted for the article, I wonder about the motivation behind the story. This is their headline: "The shocking truth about the value of your home."