CREB TALK - December 19, 2008 No U.S.-style housing collapse in Canada: RBC Canada’s housing sector is entering what RBC Economics calls a “cyclical downtown,” but says the risk of a U.S.-style meltdown is remote. RBC senior economist Robert Hogue says many factors that triggered the U.S. housing collapse are either absent or of much lower significance in Canada. He says the housing market is expected to hold up even as a sluggish economy threatens income growth and erodes c ... Full Article...

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