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Canada’s housing market has achieved the ’magical soft landing’: Royal LePage

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Canada’s housing market has passed through the correction without the carnage predicted, but still remains blah, says Phil Soper

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What a joke. RP biased as hell and trying to trick buyers to come back into the market.

"Oxford Economics cited the Canadian housing market as at imminent risk of a major price correction ... the third most overvalued housing market in the world, with real estate prices at 173% higher than their historical average."

Awesome. So your saying we're going to keep on pretending that 1 million + for a bungalow in the middle of no where is normal. Totally sustainable when interest rates rise to where they should be at 7%. Cant wait to watch millennials when carrying costs adjust to $12,000.00 per/M

Good thing the prices are staying up. We wouldn't want those poor real estate agents or baby boomers to make any less money.

Everything’s softer in Canada.

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