Tuesday, November 2, 2010

Will the housing bubble burst?

I know that many potential home buyers actually want the "housing bubble" to burst. Maybe the artificially high housing prices in parts of Canada need to come down. However, according to a Royal Lepage house price survey it does not look like it is going to happen soon. Instead perhaps, some of those waiting for the bursting bubble have likely taken note of the very attractive interest rates and have chosen to become buyers.

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