Liberty Posted November 4, 2011 Share Posted November 4, 2011 http://www.theglobeandmail.com/report-on-business/economy/jobs/canada-sees-biggest-monthly-job-loss-since-2009/article2225234/ Link to comment Share on other sites More sharing options...
alertmeipp Posted November 4, 2011 Share Posted November 4, 2011 When are we going to see a hard landing on Canada real estate? Link to comment Share on other sites More sharing options...
Smazz Posted November 5, 2011 Share Posted November 5, 2011 When are we going to see a hard landing on Canada real estate? Interest rates - being this low the Agents keep telling buyers its a great time to buy! Having said that, my sister just bought a new place just outside Stoney Creek/Winona (Souther On for those outside the Province/Country) and she has had her closing date changed quite a few times. In fact she was supposed to be in there this September but they havent even started construction yet. Just not enough units in the complex sold. I believe the latest revised closing date communicated to her would be this coming Feb but i cant see that happening. Purchases are not going to go up in the winter. I did not see her contract but she told me it contains a provision for the builders to delay the closing date 3 times. Link to comment Share on other sites More sharing options...
Liberty Posted November 5, 2011 Author Share Posted November 5, 2011 When are we going to see a hard landing on Canada real estate? No idea, but if it happens in the next few years, I'll be looking to move out of the apartment to buy :) Link to comment Share on other sites More sharing options...
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