| 10.06.2009 - Property prices in Canada falling as mortgage rates go up |
| From Propertywire.com: Residential property prices are continuing to fall and now there are fears that increases in mortgage rates could put off a lot of investors, especially first time buyers. Canadian home prices fell 5.8% in March from the same month a year earlier, a faster pace of decline than in February, according to the latest published figures from the Teranet-National Bank National Composite House Price Index........Full Article (Subscription Required) : Source |