| 26.02.2009 - Calgary, Vancouver have greater downside real estate risk |
| From Calgaryherald.com: Canadian residential real estate activity should moderate further in 2009 alongside a general weakening in domestic economic conditions, says a research report released today by Scotia Economics. The Real Estate Trends, authored by economist Adrienne Warren, said Canada can expect a 15-20 per cent decline in the volume of resales this year with a further 10 per cent drop in average prices..... Full Article: Source |