Vancouver's housing sales plunged 30 percent in June from a year ago. Is this a sign of things to come for the rest of the Canadian real estate market? BNN asks Brian Ripley, CEO, Oakes Ripley & Associates. "Top is in...wages falling"
Existing home sales dropped sharply in Canada’s two most expensive markets, a further indication that the real estate market may have peaked.
House prices and sales to decline, market survey says
OTTAWA — House prices continued to climb higher across Canada in the second quarter of 2010, but sales and prices are expected to fall in the coming months, according to a Royal LePage House Price Survey and Market Forecast released Wednesday.
House sales in Vancouver and Calgary are plummeting. Is the top in Canada’s ridiculously inflated housing bubble finally in?Canadian May building permits unexpectedly plungeOTTAWA — The value of building permits fell by a much-larger-than expected 10.8 per cent in May from April, slipping to $6 billion, Statistics Canada reported Tuesday.
Analysts polled by Bloomberg had called for a two per cent month-over-month drop.
Ken Rogoff: "China Property Market Collapse Starting"