Is Canada’s housing market finally starting to cool?
July 17, 2012 by Adil Virani
Filed under Latest News, Latest Rates, Mortgage FAQ, Recent News
Fewer housing sales and more listings may bring some long-awaited balance to the Canadian housing market, says the latest report from the Canadian Real Estate Association.
While home prices are still on the up, a drop in sales activity in June points to a possible chill in Canada’s housing market.
Robert Hogue, a senior economist with the Royal Bank of Canada, joined us and answered questions about the state of the Canadian housing market.
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