Canadian housing starts will weaken but won’t be infected with U.S. virus

Journal of Commerce- Housing starts in the second half of this year will weaken versus the first half, according to CanaData’s latest forecast. There are five obvious reasons.

Several others are subtle and raise the spectre of the Canadian housing market being infected with the deadly U.S. housing-fiasco virus. More on that in a moment, but let’s begin with factors working against Canadian housing starts…

Canadian housing starts will weaken but won’t be infected with U.S. virus – Journal of Commerce

Can it ward off lengthy recession? – Nova Scotia News – TheChronicleHerald.ca – Consumer optimism

 TheChronicleHerald.ca – Halifax,Nova Scotia,Canada – As the stock market crumbled in the face of the massive mortgage fiasco south of the border and as more suffered losses from the Bernie Madoff Ponzi scheme, …

Consumer optimism: Can it ward off lengthy recession? – Nova Scotia News – TheChronicleHerald.ca

It’s crunch time, Canada: globeandmail.com

 Globe and Mail – Canada … and increase liquidity after the shock that the failure of Lehman Brothers administered to a system already weakened by the US subprime mortgage fiasco. …

globeandmail.com: It’s crunch time, Canada