Canada's housing market is in a bubble that's set to burst and prices could plunge by as much as 25 per cent, a major independent research firm warns.
“Housing valuations have lost all touch with fundamentals and household debt is at a record high,” economists at the research consultancy Capital Economics say in their most recent Canada Economic Outlook, issued Wednesday.
“Our fear is that, with the housing bubble now close to bursting and commodity prices retreating, Canada will go from leader to laggard.”
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GOLD AND SILVER GETTING SMASHED!!!!! BTFD!!!!!!!!!!!
ReplyDeleteAPMEX, Gainesville, Silver Gold Bull and others are all having sales for a reason. Wait a few weeks to BTFD noobs.
ReplyDeleteHaving a sale to clear the shelves by July 15th?
ReplyDelete(no otc sales of PM)
Or is it July 25 where the option on $USD 25 silver expires?
a long summer to btfd ;-)