A “soft landing” could sap as much as one percentage point from gross domestic product growth
Housing starts and permits slip
Limited information a problem for policymakers
Prospective buyers in Vancouver, Toronto and Calgary had even higher budgets for their first home
Mortgage credit growth has slowed, which points to a steady cooling in housing demand
CREA reports fifth consecutive month-over-month decline
Prices expected to edge lower in 2015-16
Prices expected or remain flat or decline modestly in 2014
Housing starts, building permits cool
Nominal home prices in Canada should fall by no more than 10% over the next five years