Tuesday, May 15, 2018

More Cracks in the Canadian Housing Sector: Monthly Canadian Home Sales Decerase 14% to lowest level in FIve years

http://business.financialpost.com/real-estate/newsalert-national-home-sales-fall-14-to-lowest-level-in-5-years-prices-down-11-2#comments-area

oh the real estate and realtor industry - always has an excuse when things are weak and takes the credit when things are good. The impact of new mortgage rules you could see coming down Yonge Street, but apparently was a shock to them...."This year’s new stress test has lowered sales activity and destabilized market balance for housing markets in Alberta, Saskatchewan and Newfoundland"

No comments:

Post a Comment