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Canada housing market to moderate, not crash, in 2013: RE/MAX

Posted on 15 November 2012

Canada’s housing market is leveling off but economic strength, immigration and low interest rates will prevent a steep correction and keep prices and sales mostly flat in 2012 and 2013, real estate agency RE/MAX said on Wednesday.
In its 2013 outlook, based on a survey of trends in 26 markets, RE/MAX said it expects national sales to fall 1 percent in 2012 and then hold steady in 2013, while prices will be flat in 2012 and edge 1 percent higher in 2013………………………………………..Full Article: Source


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