SMI Mortgage Expert, Marcus Arkan, sheds light on the falling prices of the Canadian housing market. (PRWEB) November 16, 2012 The recent changes in the mortgage policies in Canada have contributed to a decrease in the housing prices in Canada. This will have an overall affect on the housing market in Canada. According to certain predictions by experts, the housing prices will fall to a maximum of 10% in the next couple of years. The Housing market contributes enormously to the Canadian economy and the fall in housing prices can negatively affect the economy and the annual GDP of the country as well. Moreover, due to the inability of people to afford mortgage expenses as a result of the...
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