Crunch looms as house correction puts some Canadians under water
26 Nov Crunch looms as house correction puts some Canadians under water
Posted at 20:52h
in
News
by KMFSLLP
OTTAWA, Nov 27 (Reuters) – A drop in Canadian home prices
has put some recent buyers under water, particularly in Toronto,
the nation’s largest market, just as rising interest rates and
record levels of household debt have put the squeeze on
borrowers.
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