After a period of strong growth in the Canadian housing market, activity appears to be slowing down heading into the second half of 2010. The new housing price index had its first monthly decline in 13 months in July, and the Canadian Mortgage and Housing Corporation expects existing home sales to decline 1.7 percent in 2011. Read the following article from Global Property Guide for more on this.
Source: NuWire Investor
Published on: Wednesday, October 13, 2010
Written by: Global Property Guide
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