The Canadian Real Estate market has been pedestrian in the last quarter of 2010. There appears to be a sense of fear, perhaps because of what has taken place in the U.S., about the future. This despite near historical lows in interest rates. The following article offers a perspective:
http://money.cnn.com/2010/11/12/real_estate/canada_housing_bust.fortune/index.htm?section=money_realestate&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_realestate+%28Real+Estate%29
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