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Canada: Housing market headed for soft landing

Posted on 09 January 2013

While the drop in Canadian house sales that began in the second half of 2012 is likely to continue, the market is headed for a soft landing rather than a crash, one of the country’s largest real estate agencies and a number of bank CEOs predicted Tuesday.
Their comments came as the latest data suggest that the steep drop in year-over-year home sales persisted through to the end of the year………………………………………..Full Article: Source


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