Low mortgage rates showing signs of turning around housing market


Forecasters are hiking their expectations for Canada's housing market amid signs low mortgage rates are energizing sales, construction and prices.  The revised predictions come at a time when many economists thought that the growth in the market would be stalling.  But now many experts believe  the recent strength is more than simply compensation for a slow winter, although most still think the market will lose some steam eventually.

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Michael James

Michael James

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CENTURY 21 Capital Realty Inc., Brokerage*
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