Canadian house prices expected to tumble 17.5% peak to trough, analysts say

Canadian house prices expected to tumble 17.5% peak to trough, analysts say

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Once burning-hot Canadian house prices are expected to tumble a total 17.5 per cent from their peak, roughly double the fall during the 2008-09 financial crisis, in a slowdown already well under way, according to a Reuters poll of market experts. A succession of rapid-fire Bank of Canada interest…

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