New measures for first-time home buyers could keep Canada’s housing market at cooler levels until autumn, according to a report by Royal Bank of Canada.
The delayed purchases might further dent an already weakened housing market. Home sales across the country have been dismal in recent months, falling 9.1 per cent in February to the lowest level since 2012, and the slowdown is widespread across Canadian cities.
Do you want the government (public purse) 10% invested in overpriced homes?
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