23.04.2012 - Canada: Why our young may save the housing market from tumbling
Here’s one more factor buoying average home prices: young and middle-aged adults. Canada stands out among the 34 countries in the Organization for Economic Co-operation and Development with one of the fastest growth rates in housing prices since 2007, note Stéfane Marion and Matthieu Arseneau, economists at National Bank Financial Inc. Low interest rates and decent job creation have helped boost prices, the economists said in a report...............................................Full Article: Source
Print