06.01.2012 - Canada: Bankers cautious on housing market |
One of Canada's leading economists says the best case scenario for Canada's hot housing market in 2012 would be for nothing to happen at all. "What I hope to see is that house prices don't rise this year," CIBC economist Avery Shenfeld told a business audience at a breakfast luncheon in Toronto Thursday. "If we can get prices to level off, we can avoid some of the pain later on," he said...............................................Full Article: Source |