10.06.2011 - Canada not alone in cooling housing market trend, sales falling in much of world
A Scotia Economics report says Canada's housing market isn't the only one losing momentum — residential real-estate markets across the developed world are dropping off. Scotiabank's latest real-estate outlook says the Canadian market is in relatively healthy shape compared to others. Senior economist Adrienne Warren says while the country's real-estate market is cooling, it is being supported by steady job creation and attractive borrowing costs...............................................Full Article: Source
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