Monday, March 3, 2014

Canada Housing Market is due for a Correction but not a Crash

Canada’s housing market is due for a correction that will hamper economic growth as consumers pare back spending to repair their balance sheets, Roubini said, adding he doesn’t think the country will see a home-prices crash. - in Bloomberg

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
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