Friday, 17 August 2012

CMHC forecasts slowdown in housing market ...

Canada Mortgage and Housing Corp. revised its forecasts on Tuesday, saying Canadians should watch for the housing market to "moderate" as both home sales and new construction start to slow. But while many industry watchers agree that a softening is on the way, they are divided about how supple the housing market will get, and how serious the consequences might be. Read more ...

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