Canadian Finance Minister Jim Flaherty said the government is willing to accept the possibility of slower economic growth in exchange for cooling off the country’s housing market.
Flaherty, speaking on a conference call with reporters today, said he realizes the tougher mortgage rules he announced last week may have a “dampening effect” on the economy and the residential real eatate market.
"We’re prepared to take that risk, quite frankly, because of the greater risk of the development over time of a housing bubble,” he said, adding he’s “very concerned with the condo market in Canada’s largest cities."
Canada's Finance Minister Jim Flaherty says he realizes the tougher mortgage rules he announced last week may have a “dampening effect” on the economy and the housing market.
『2012』Residential property sales of detached,attached and apartment properties were the lowest for June in the region (Greater Vancouver) since 2000, plummeting 27.6% compared to the same month last year. They also dropped 17.2% from May.
相对於五月份的成交量，大温哥华地区六月份的成交量下跌17.2%，比去年六月份下跌(筆直落下)27.6%，在MLS上有 18,493间房子待售，比去年此时增加22%，买家面对较少的竞争和较多的选择。
『2011』At 15,106, the total number of residential property listings on the MLS® increased 3.1 per cent in June compared to last month and declined 14 per cent from this time last year.
The MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over the last 12 months has increased 8.7 per cent to $630,921 in June 2011 from $580,237 in June 2010.