[Source - Eric Beauchesne, Canwest News Service]
Canadians are still in a mood to mortgage.
Nearly four in 10 still think that now is a good time to buy a house, even though the proportion who expect home prices to fall has soared and the proportion expecting higher housing prices has plunged, according to survey results published yesterday.
"Residential mortgage consumers remain remarkably positive as they weather the financial storm," the Canadian Association of Accredited Mortgage Professionals said in releasing the results of a mid-October survey.
Attitudes toward area conditions have shifted only slightly, with 38 per cent of Canadians believing now is a good time to purchase a house, compared to 32 per cent who believe it is a bad time.
Read Full Article: http://www.househunting.ca/buying-homes/story.html?id=a282684c-a28f-48ec-9a0a-747882181c2c
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