The other article in the link says house prices will go up because of shortages of wood. Think of all the forest fires going on. Wood is a major product for house building.House prices will fall even if worst-case scenario averted: CMHC - BNN Bloomberg
Canada Mortgage and Housing Corporation President and CEO Evan Siddall is warning the domestic housing market isnโt out of the woods just yet.www.bnnbloomberg.ca
According to Bloomberg article 18 pc drop expected in worst case