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The Housing Market Is Heading South

By Patrick following x   2018 Apr 8, 12:27pm 764 views   0 comments   watch   nsfw   quote     share    


A subscriber from Canada emailed me last night about the Canadian housing market: "Toronto and Vancouver sales down 40% and 30% YoY respectively. Prices are still up in Vancouver but down 14% in Toronto. I don't know how prices stay up if the volume continues to trend down. Canadians are even more levered than Americans I believe. This is going to get ugly before it's all over."
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