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Canadian housing market is being sucked into the deflationary vortex
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2015 Jan 15, 4:30am 975 views 0 comments
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Calgary housing prices have fallen below 2012 levels, falling oil prices are being blamed for the decline.
According to the Teranet-National Bank Composite House Price Index, Calgary resale prices fell 1.1% in December, the fastest drop in two years. Across the whole of Canada, housing prices fell 0.2% in December.
http://www.globaldeflationnews.com/canadian-housing-market-is-being-sucked-into-the-deflationary-vortex/
#housing