Web Notifications

SaltWire.com would like to send you notifications for breaking news alerts.

Activate notifications?

NEWSLETTERS | PODCASTS | VIDEO | E-EDITIONS
CUSTOMER SERVICE
Prince Edward Island > Business > Perspectives on Business

Ignore the gloomy forecast — property prices are not poised to decline 18%

Larysa Harapyn | Posted: May 25, 2020, 2:52 p.m. | Updated: May 25, 2020, 6:51 p.m. | 1 Min Read
house
house

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS

Olive Tapenade & Vinho Verde | SaltWire

Watch on YouTube: "Olive Tapenade & Vinho Verde | SaltWire"

Shaun Cathcart, senior economist at The Canadian Real Estate Association, talks to Financial Post’s Larysa Harapyn about the state of Canada’s real estate in the wake of the pandemic and how the overheated market could become a source of strength.

Copyright Postmedia Network Inc., 2020

Share story:

Read More

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

More Perspectives on Business Stories

Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland on Parliament Hill in Ottawa on March 28, 2023.
1. 
Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland on Parliament Hill in Ottawa on March 28, 2023.
2. 
Subscribe to The Money Lady wherever you enjoy podcasts.
3. 
"Our lagging productivity and stalled GDP growth mean Canadians are becoming collectively poorer and working harder to just remain where they are today," Perrin Beatty, chief executive of the Canadian Chamber of Commerce, said following the release of budget 2024.
4. 
Higher gas prices are expected to have bumped up inflation in March.
5. 
STORY: Oil prices fell on Monday. Markets dialed back risk premiums following Iran's weekend attack on Israel. One analyst told Reuters that the limited scale of the assault raised hopes that it wouldn't spark major escalation. International benchmark Brent crude fell over 1% to under $90 a barrel by mid morning in Europe. Benchmark U.S. oil futures saw similar declines. Iran's action
6. 
The Canadian dollar could sink as low as 70 US cents this year if the Bank of Canada cuts interest rates more than the Fed, say economists.
7. 
Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland and Prime Minister Justin Trudeau walk together before delivering the fall economic statement in Ottawa, Canada, November 21, 2023.
8. 
ADVERTISEMENT