Tag: home sales

Lower Home Prices

House prices expected to drop in 2017

By: igill

Canadian realtors are forecasting a price drop across Canada for the first time since 2008. They blame the new mortgage regulations brought in by the federal government in the last quarter of 2016.

Down 25%

Canada Housing Prices Predicted to Fall Up to 25%: Capital Economics

By: Elias Kellendonk

Firm Declares Property Values no longer Sustainable The independent research firm Capital Economics has warned Canadians that housing prices are on the verge of a weighty fall, as stated in an article that appeared yesterday in the Financial Post. The firm’s report announced that property prices have “lost touch with fundamentals”. Coupled with record household …

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