| From Montrealgazette.com: After a boom that lasted for most of the past two decades, Canada's housing market is very likely heading into a period of stagnation. The latest figures on home resales tell the story, although you need to read them carefully.
After a frenzy of buying in late 2009 and early this year, the pace of home sales has fallen sharply. July sales were down by 30 per cent from the level a year earlier, reported the Canadian Real Estate Association yesterday..............................................Full Article: Source |