David Madani

David Madani: Canadian home prices continued to rise in April even as year-over-year sales fell three per cent, according to the latest industry data that has left economists divided over whether the market can count on a soft landing. , according to Winnipeg Free Press. "But that's normal because prices respond to sales activity with a lag," said Madani, who believes it's still too early to rule out a sharp correction in what until recently has been an overheated market. A house "sold" sign in Oakville, Ont., Monday, July 23, 2012. THE CANADIAN PRESS/Richard Buchan "I think some people are perhaps confused by the fact that we've seen a drop in sales but prices haven't fallen yet," said David Madani, an economist at Capital Economics. (www.immigrantscanada.com). As reported in the news.