Vancouver Island Economic Alliance Conference: Bank Of Canada Issues

Mark Carney Dept: Video: Bank of Canada issues warning over cooling Toronto condo market Mark Carney gives the opening address at the Vancouver Island Economic Alliance Conference in Nanaimo, B.C., in October, 2012. THE CANADIAN PRESS Economy Lab, according to Globe and Mail. Anyone still think the housing market s going to snap back from the weakening trend that has taken hold in the past couple of months? It s not, so act accordingly. Adjusting our expectations about housing won t be easy because we ve seen prices rise dramatically. Canadian Real Estate Association numbers show an average annual price gain of 7.7 per cent over the past 10 years on a national basis and housing market: A victim of demographics The Toronto skyline photographed from a condo balcony in Toronto June 8, 2012 The Housing Video: Why you can t pin a housing bubble on Mark Carney (www.immigrantscanada.com). As reported in the news.