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Housing Bubble ?

What bubble? CMHC dismisses fears of a housing market bust
 
“The Canada Mortgage and Housing Corporation issued its annual report on Tuesday, dismissing fears of a housing bubble in the country.  The CMHC’s conclusion on the state of the current housing market is that “clear evidence of a bubble is lacking”  The report also showed housing starts rose 14% in April. The key lending rate is unchanged at 1% since September 2010 in the longest pause since the 1950’s”  

Doom and gloom takes a back seat to the numbers ! With the historic free trade agreement with Europe ,the long term future looks even brighter to this writer

 

 

Published Monday, October 21, 2013 2:22 PM by Jim Straughan
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