Forecasters Don’t Always Agree On Canada’s Real Estate Future

8:01 AM

This past Friday 20 forecasters responded to a survey on Canada’s real estate future. Most of them thought that the Canadian government has been prudent in their handling of the industry and that there is no danger of a United States type of real estate correction. One of those surveyed, Craig Alexander from Toronto Dominion Bank, noted that the correction that is coming is the curbing of the excess valuation caused by a long period of extremely low interest rates.