Although the rate of credit accumulation is slowing, household debt in Canada hits new high in the fourth quarter of 2012, lending more evidence that actions taken by the Bank of Canada are stabilzing the housing market.
Well, its official... Toronto's real estate market has shifted into negative territory in its average price.  The October market marked the first month to month price decline (0.6%) since late last year.  Toronto's real estate market has continued to soften since the new mortgage rules went into