I'm willing to admit the graph I linked to is entirely dubious. It still remains the case that housing prices in Canada did not go through the downward correct

I'm willing to admit the graph I linked to is entirely dubious. It still remains the case that housing prices in Canada did not go through the downward correction that US housing prices did in 2008. That and our immigration rates are very high, so pressure from population growth has also been high. I gotta get back to work, so can't go hunting for raw data right now. I think you'll find though that US and Canadian data don't co-relate in the way you're assuming they should.