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Fears of a Canadian housing bubble unfounded

Posted on 17 November 2010

From Vancouversun.com: It’s been a stomach-clenching year for many Canadian homeowners — at least those who took seriously the frequent warnings that Canada was going through a housing bubble. That evoked the kind of catastrophe we’ve seen in the U.S, which really did suffer from such a bubble.
But as Monday’s figures on October home resales make clear, any such fears were unfounded. Prices and home sales are holding up just fine……………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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