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home / news releases / SCCAF - Canadian Housing Market: Party's Over

SCCAF - Canadian Housing Market: Party's Over

Sleep Country Canada Holdings Inc
  • Low interest rates and government stimulus have driven Canadian housing prices to record highs, stretching the marginal buyer to its absolute limit.
  • Affordability is at 30-year lows and exposure to short-term interest rates at record highs, just as the Bank of Canada enters a tightening phase.
  • I predict Canadian house prices will be up to 20% lower in two years time, and certainly no higher than they are today.

For further details see:

Canadian Housing Market: Party's Over
Stock Information
Company Name: Sleep Country Canada Holdings Inc
Stock Symbol: SCCAF
Market: OTC
Website: sleepcountry.ca
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