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Mortgage Broker News | 08 Feb 2011, 11:21 AM Agree 0
The Canadian Real Estate Association (CREA) has revised its 2011 forecast, following a stronger-than-expected rebound in sales during the second half of 2010.
  • theletterM | 17 Feb 2011, 03:29 AM Agree 0
    Average incomes can no longer afford average houses in most Canadian cities.

    The government has sold out Canadians with shortsighted policies that drove up prices exponentially over the last 5-8 years. (Policies that "didn't create" a bubble that "doesn't exist", according to Finance Minister Jim Flaherty.)

    Growth for the sake of growth will always be corrected...eventually. Just ask the Americans.

    It will be ugly, mark my words. Ignorant boomers trying to sell their decrepit bungalows for record profit will only add to the mayhem.
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