The Canada Mortgage and Housing Corp. believes mortgage rates will likely remain at historically low levels at least until the last half of 2012, resulting in a balanced housing market and keeping average home prices to remain fairly flat throughout the year.
Here is the link to the Globe and mail article:
http://www.theglobeandmail.com/report-on-business/economy/housing/house-prices-to-hold-next-year-cmhc/article2225301/
Domenic Mirabelli
Mortgage Intelligence
416.303.4480
domenic.mirabelli@migroup.ca
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