Not exact matches
While still down overall from last year when sales started slumping in the face of fears about the
housing market and
tighter mortgage lending rules, high - rise condo construction starts came in 22 per cent higher in major
urban centres in May compared with April.
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Tight FIXX
Re / Max credits low interest rates for the
housing market's success, along with
tight inventory levels and increased
urban demand.
With
housing costs on the rise, especially in
urban areas, and with restrictions getting even
tighter in the coming year, there is quite a bit of concern that the recovery that we have experienced so far may slow down even more.