Lower house prices not all bad news: CIBC
November 29th, 2012
Bank report highlights economic upsides of real estate slowdown
A slowdown in house prices isn't necessarily completely negative for Canada's economy, one of the country's largest banks said today.
"Cheaper home prices could bring winners as well as losers across the economy," CIBC World Markets economist Avery Shenfeld said.
After a multi-year run-up, price gains have slowed down and even ...