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Canada’s housing market: Expect soft landing, not hard crash

Posted on 10 January 2013

The pace of housing construction fell slightly in December in yet another sign that Canada’s once-hot real estate market may be headed for a soft landing with home sales declining while prices remain stable.
The Canada Mortgage and Housing Corp. said on Wednesday the pace of housing starts fell in December, reaching 197,976 starts compared to the upwardly revised 201,376 in November. The decrease was mainly attributed to a decline in rural starts, while urban starts remained stable, the agency said………………………………………..Full Article: Source


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