Canada housing market supported by fundamentals -CMHC

The Canadian government?s housing agency signaled on Wednesday that it is not concerned about a housing bubble forming, declaring that the market is supported by fundamentals. ?Overall, Canadian housing markets are supported by economic and demographic fundamentals; however, CMHC (Canada Mortgage and Housing Corp) continues to closely monitor activity,? the agency said in its second-quarter financial report???????????????..Full Article: Source

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Source: http://www.opalesque.com/Realestate_Briefing/?p=51941

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