Expect higher Canadian house prices

Financial Post

CMHC- Canada federal housing agency lowered its forecast for housing starts but not prices in 2014 and said sales and contruction will be flat or barely higher in 2015 as the once-roaring market adjusts to a glut of condominiums coming onto the market.  Canada Mortgage and Housing Corp said the nation's housing boom is coming to an end in what officials hope will be a soft landing as construction slows to more sustainable levels and sales and prices tick slowly higher,

Full Article -

Michael James

Michael James

Sales Representative
CENTURY 21 Explorer Realty Inc., Brokerage*
Contact Me