home prices
Why Canada isn’t immune to a U.S.-style housing crash
A new report warns that Canadian home prices could fall 30 per cent in the next five years
The real estate gamble
A home is seen as a ticket to retirement. But is that wise?
It could happen here: inside Canada’s brewing real estate storm.
Crumbling house prices have touched off a financial crisis south of the border. Real estate agents insist our market is safe, but economists are sounding a warning.
Worse than the Great Depression
According to the Economist, after inflation is taken into account, U.S. home prices have fallen by 18% over the past year. That’s worse than the 10.5% drop during 1932, the worst year of the Great Depression.