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Where's the Trigger for a Canadian House Price Crash? (Sept. 30, 2008, CIBC)

"Every dollar drop in the value of Canadian real estate, elevates the level of anxiety about a US style housing melt down in Canada.  To be sure, house prices in Canada will continue to ease in the coming months.  But the triggers that led to a free fall in Canadian real estate markets in the early 1900s and today in US markets, are nowhere to be found." Read the entire CIBC Market report ...
Posted by Gary Chambers on October 5, 2008
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