| From Calgaryherald.com: House prices are rising faster than economic fundamentals warrant and could decline with a housing “bubble” developing but not a “bust,” says Edward Jones in a report.
“Canada’s housing market escaped the recent severe downturns in the U.S. and other countries,” said the report authored by Kate Warne and Craig Fehr. “However, today’s conditions in Canada share some characteristics of those countries prior to their downturns, leading us to take a cautious stance on housing investments.........................................Full Article: Source
|