Canada Housing Crash Feared Among Analysts: Reuters Poll

In fact, prices are expected to rise 2.2 per cent this year, one per cent in 2015

Canada's real estate market may be resting on a house of cards, say some experts in a Reuters poll.
The news agency surveyed 16 housing experts and almost all of them are worried that prices could fall after a decade of rapid growth.

Three said they were "very concerned," two said they were "concerned" and eight said they were "slightly concerned." Three said they were not concerned at all.

However, the analysts also didn't believe that a housing crash would happen any time soon. In fact, prices are expected to rise 2.2 per cent this year, one per cent in 2015 and 0.8 per cent in 2016, Reuters reported.

READ FULL STORY:  Courtesy of HuffingtonPost


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REAL ESTATE SNATCH is the independent real estate blog of Samir Safadi, Sales Representative of West-100 Metro View Realty Ltd, brokerage it is dedicated to covering Real Estate News, digital culture, social media and technology, providing analysis of trends, Market Data , reviewing new development. Offering Real Estate services resources and guides. Services are provided to prospective buyers and sellers of real estate by Samir Safadi, Sales Representative, West-100 Metro View Realty Ltd, brokerage, duly registered in the province of Ontario, under Real Estate and Business Brokers Act, 2002 (REBBA 2002) and Member in good standing with



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