The Traderszone Network

Published in TZ Latest News 18 June, 2016 by The TZ Newswire Staff

“This is a bubble. A very big bubble. And it is going to end in tears”: Economist

The Canadian housing market just keeps getting hotter. Home prices in the Greater Vancouver area have surged 30 percent year-over-year in May, up from 15 percent at the end of 2015, according to the bank’s June 2016 “Financial System Review.” Meanwhile, prices in the Greater Toronto area are growing by 15 percent YoY, up from 10 percent half a year earlier. A statement from the Bank of Canada even warned that folks who want to buy … [more]

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