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 by going to:

research.cibcwm.com/economic_publick/download/features3.pdf

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