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Canadian real estate faces a new problem: Deflation

from Better Dwelling

Canadian real estate faces a new problem: Deflation Better Dwelling Canadian households are facing a problem they didn’t think was possible a few weeks ago — falling consumer prices. Statistics Canada (Stat Can) data shows the consumer price index (CPI) fell in April. The deflationary move is the first seen in Canada, in over a decade. A month isn’t a trend, but if it continues, the impact on heavily indebted households could be huge — and not in a good way. READ MORE

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