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What falling lumber prices mean for Canada’s housing market Lumber prices continue to tumble after hitting an unprecedented high during the pandemic. For the week ending June 24, five of the six indexes tracked by Vancouver-based Madison’s Lumber Reporter experienced a week-over-week decline. The benchmark price for two-by-four kiln-dried Western spruce-pine-fir fell to US$900 (about [&hellip…
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What will happen next with Canada house prices? With the rate of homebuying in Canada cooling in recent weeks and house prices having declined nationally for two consecutive months, there’s been much conversation around the questions of whether bidding wars will die down and prices will continue moderating. While some believe that the federal government’s [&hellip…
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How to test-drive your mortgage before you get stuck with a home you can’t afford Unforeseen maintenance costs can be a budget killer as a homeownerAuthor of the article: Transitioning from renting to homeownership is one of the most sought-after financial goals for many, but it can turn out to be a much bigger financial [&hellip…
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