Canadians richer than ever, and cutting back on mortgage debt
Debt growth eases
Canadians are getting the message on their ugly debt levels, at the same time as their wealth increases.
Mortgage debt growth slowed: Statistics Canada
Mortgage debt in Canada rose just 0.6 per cent in the first quarter of the year, to $1.1-trillion, marking the slowest pace since the depths of the financial crisis in early 2009, Statistics Canada said.
Canadians’ household debt ratio drops asmortgage borrowing slows to 5-year low …
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Still, we are confused …
Reading Toronto’s real estate market is no easy task
Last week the Canadian Real Estate Association reported that sales across the country rose 5.9 per cent in May compared with April.
More http://www.theglobeandmail.com
Mirror, mirror on the wall … What’s happening ?
The Magic Mirror says why don’t you buy this baby … ?
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