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Market growth beats naysayers

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Mortgage Broker News | 11 Oct 2012, 09:00 AM Agree 0
The unsinkable Canadian real estate market appears to be just that, with new numbers pointing to continuing price growth in the country’s biggest market, despite fears of a correction.
  • Paolo Di Petta | | 13 Oct 2012, 03:46 AM Agree 0
    Those statistics lack context. Average price is up, but number of sales are down.

    Combine that with the lower end of the market being cut out because of the new mortgage rules, and it's pretty obvious we have an inflated numerator, and a shrinking denominator which is creating the higher "average price"
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