Canadian Housing Market in Better Shape than Many OECD Countries

The Bank of Canada is expressing relief at what it expects to be a soft fall, rather than a crash, in the housing market, unlike many other countries including the UK, USA and New Zealand.  House prices in Canada have climbed as much as 55% in the past decade and as this boom loses steam the Bank called the change ‘expected and welcome’.  They commented that instead of declining, they expected house prices to keep in line with their 2% target for inflation.

Happy house news in Canada!!  And you could be eligible to live there.  Why not check out www.workingin-canada.com to see what the possibilities might be for you to set up home in Canada?

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