A tale of two housing markets

<br><br> Preet Bharati was nervous about plunging into home ownership this year after hearing of bidding wars and stiff competition for overpriced homes – but when she began house-hunting this summer she was relieved to find the buying spree of early 2010 had run its course. “We ended up getting our house for under the asking price,” the 30-year-old new Mississauga, Ont. homeowner explained of her shock at securing her chosen house in June. <br><br>