Canada Property News

Canadian property prices under pressure

by Mark Benson on March 19, 2014

Canadian property prices under pressure

Canadian property prices under pressure

While Mark Carney, the Governor of the Bank of England, continues to enjoy his honeymoon period it seems that the situation left behind in Canada may not have been as rosy as many would have you believe. A number of high-profile real estate investment funds have been talking very cautiously about the Canadian real estate market and indeed at least one major funding house has slashed its exposure to the market. This is something which we discussed only a few weeks ago, the ever-growing cost of Canadian property and a lack of trust between the public and the estate agency sector.

A number of factors have come into play and at this moment in time experts are unsure whether we will see a dramatic collapse or a period of consolidation in the short to medium term. So, what factors do we need to take into consideration when looking at the Canadian real estate market? [click to continue…]

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