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Canada: Flaherty sees softening in housing market

Posted on 13 April 2012

Canada’s finance minister sees signs of cooling in Canada’s housing market, and that’s fine by him. Economists and market watchers have been arguing for two years about whether the Canadian housing market, which has been among the hottest in the world coming out of the recession.
But spring data shows sales in most centres have slowed considerably from the same time last year, and price gains appear to be moderating………………………………………..Full Article: Source

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