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Trudeau takes first step to break Canada’s addiction to rising home prices - The Globe and Mail
(www.theglobeandmail.com)
this post was submitted on 23 Sep 2023
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The market: Still significantly above the pre-2020 trend.
Because we're still riding the tail end of the dead cat bounce. That's what a crash looks like. It is amazing how textbook perfect it is playing out to be.
Until we see a significant drop in prices, the market hasn't crashed. Maybe it's the dead cat bounce, or maybe prices are stable.