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In fact, prices are expected to rise 2.2 per cent this year, one per cent in 2015 |
Canada's real estate market may be resting on a house of cards, say some experts in a Reuters poll.
The news agency surveyed 16 housing experts and almost all of them are worried that prices could fall after a decade of rapid growth.Three said they were "very concerned," two said they were "concerned" and eight said they were "slightly concerned." Three said they were not concerned at all.
However, the analysts also didn't believe that a housing crash would happen any time soon. In fact, prices are expected to rise 2.2 per cent this year, one per cent in 2015 and 0.8 per cent in 2016, Reuters reported.
READ FULL STORY: Courtesy of HuffingtonPost
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