The Bank of Canada has a warning for condo investors – the boom times may be over. In its December economic review, the central bank said that “certain areas” of the housing market could see prices fall as the economy weakens. “Certain areas of the national housing market may be more vulnerable to price declines, particularly the multiple-unit segment of the market, which is showing signs of disequilibrium,” the bank warned. “The supply of completed but unoccupied condominiums is elevated, which suggests a heightened risk of a correction in this market.” Globe and Mail