Newsclip®: [Business] Canadian home prices to rise further through 2017

"OTTAWA: Canadian home sales and new construction will likely dip by 2017 even as prices broadly rise in a market where regional differences will continue to play out, the country's federal housing agency predicted on Wednesday. Canada's housing market has been robust in the years since the financial crisis, partly boosted by low interest rates. But the drop in oil prices has led to divergences as commodity-sensitive regions slow and major cities such as Toronto and Vancouver accelerate.T", www.brecorder.com


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