While the figures back the notion of slowdown in the housing market, the signals are mixed. (afr.com)
Expect a modest slowdown in housing activity and more demand for cheaper housing with the new qualifying mortgage rate, some experts say. (business.financialpost.com)
This morning's release of the Canadian Real Estate Association (CREA) data for May confirmed earlier data from the Toronto Real Estate Board (TREB) pointing to a marked slowdown in housing activity in the Greater Toronto Area (GTA) since the late April announcement of the 15 % foreign tax credit and the sixteen point program to enhance... (sherrycooper.com)