Canada's Housing Bubble

Analysis of the real estate bubble in Canada -- http://CanadaBubble.com

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CIBC household credit analysis Print E-mail

Jul 02, 2010 CIBC

Mortgage outstanding is still rising at close to 8% on a year-over-year basis, but the monthly pattern is currently running at the slowest pace seen since 2003. The reduced demand for mortgage credit is more notable among first time home buyers—a trend that is already visible in the brokerage channel...

 
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