Canadian Housing - Are we in the beginning of a slow-down?

As reported in Canadian Business, Canadian home sales posted their biggest monthly decline in a year-and-a-half in January, suggesting the long-expected market slowdown may finally be on its way.

The Canadian Real Estate Association said Wednesday that sales of existing homes fell 4.5 per cent to a seasonally-adjusted 38,294 in January from 40,115 the previous month. It was the first monthly decline since August 2011 and the biggest drop since July 2010.

To read the rest of this article, click on the link below:

http://bit.ly/z2YG3b