News Roundup: Canadian Housing Market.

• Market Blog - Just bought a house? Don’t read this - Globe & Mail Market Blog.
• Homeless crisis grows while Canada prospers - The Vancouver Sun.
• ‘Cooling’ the watchword in Canadian real estate - CBC News.ca.
• Slide ends housing boom - National Post
• Has the housing boom gone bust? - Calgary Herald
• Low inflation gives Canada wiggle room on rates, analysts say - Canada.com
• A little mortgage savvy gets some big savings - Report on Business.

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Friday Morning links: Canadian Market News

• Housing markets on shaky ground. [ Report on Business Globe & Mail ]“Canada is in better shape than many other countries and home prices here aren’t expected to drop this year.But that doesn’t mean home owners should expect, or want, to see the big gains of past years.”
• Voices: 40-year mortgages [ The Star.com ] “It should be against the law for banks to offer (and CMHC to insure) 40-year mortgages. If you have to finance with little or no money down and spread the payments of 40 years then it is obvious you cannot afford the home you are buying.”
• Softer sales will cool market. [ The Star.com ] “Canadian housing markets should cool down some this year and next with softer sales, construction and price growth from coast to coast”

On Blogs:

• TD Economics Special Report “Canada’s Red Hot Real Estate Markets to Cool” - Mortgage Dairies.ca