CMHC Predicts Average 3% Housing Price Increase Across Canada

CMHC (the government backed mortgage insurance agency) says that Canadian home prices are expected to rise by 3% in 2014.

The agency sees a slower rate of home price appreciation in 2015 (1.6%).

More details on the CMHC housing view in the article linked below:

http://www.ctvnews.ca/business/slowdown-but-no-housing-collapse-cmhc-1.1833110

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