Tag: house prices

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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