28 December 2012

Canadian housing market will not crash next year – financial prospective


Here is another opinion against US style housing crash in Canada in
2013. During the previous 12 months the Teranet-National Bank House
Price Index was down to 3.4% with the main declines in Victoria (-1.7
per cent) and Vancouver (-1.4 per cent). Some people see it as a sign of
a market crash waitingCanada in the nearest future. Nevertheless, we
believe there won’t be any collapse in 2013 and here’s why…
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