28.04.2010 - Canada: Property market showing 2 of 3 'bubble' signs
From Canoe.ca: Canada’s real estate market is demonstrating two of the three “bubble” characteristics and Canadians should brace themselves for the possible impact of a housing downturn, investment firm Edward Jones said in a report Tuesday. “Despite recent economic strength, housing prices have outpaced the overall economy, including unemployment trends and Gross Domestic Product Growth,” the report authored by analysts Kate Warne and Craig Fehr said.........................................Full Article: Source
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