| The residential real estate market in Canada may finally be starting to cool down. Housing prices increased in May by roughly five percent, which is about three and a half percent less than the increases experienced in previous months.
The performance of the market varied across the nation, with some cities posting significant losses while others posted tremendous gains. The city of Vancouver was one of the hardest hit, as the total number of home sales dropped by sixteen percent. Toronto appears to have finally started to cool after many months of unprecedented growth...............................................Full Article: Source
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