4min chapter

The Loonie Hour cover image

Canadian Housing Market Dropping at Quickest Pace since 1980's

The Loonie Hour

CHAPTER

Home Price Index - The Biggest Price Decline Since the 19 Eighties

This is actually the steepest am price decline, thits the largest sell off that we've seen. So i ges, i'm having a hard time seeing any positive outcome, or any change in the direction of home prices, for at least the rest of this year. My sister was, my sister's on a variable rate mortgage. She got the weet condo down town, and she's worried about the reset. Can you just tell us about that? I think it's a very, very selfish, self serving question. It has is being made into a larger story than that sould it should be.

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