22 December 2011

First signs that Canadian housing market is cooling down

According to recent reports, the Canadian housing market started cooling
down after a significant activity increase. The report suggests that
prices fell in seven of the eleven markets: in Victoria, Calgary,
Halifax, Ottawa-Gatineau, Vancouver, Edmonton and Montreal. In other
cities, such as Toronto, Winnipeg, Quebec City and Hamilton, the average
house prices were up modestly…
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