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Is Canadian real estate in trouble?

Posted on 21 September 2012

New figures this week threw more fuel on the fire of Canada’s national obsession — home prices. The Canadian Real Estate Association said Monday the average price of a Canadian home was 4 per cent higher in August than it was a year ago.
But there were a few dark clouds to be wary of behind the sunny-sounding price gains. The number of sales fell 8.9 per cent across the country, a trend that has to weigh on prices eventually………………………………………..Full Article: Source


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