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canadian house prices

As the saying goes, good things come in small packages. In fact, this may be the mantra for many homebuyers in 2017, given the steady rise in real estate prices. National housing affordability hit an eight-year low in the third quarter of 2016, according to the latest Housing Trends and Affordability Report issued by RBC Economics Research.
Average home prices across Canada were 8.4 per cent higher in July than they were a year ago, while the number of homes sold
The rule of thumb among economists is that a recession is defined as two consecutive quarters of negative economic growth