Housing changes slowing market: Morneau

[ahlam1399]

http://img-s-msn-com.akamaized.net/tenant/amp/entityid/AAopNQB.img?h=100&w=100&m=6&q=60&o=f&l=f&x=388&y=130OTTAWA - The federal finance minister says steps taken to tame Canada's hottest housing markets have already helped slow down a sector he believes was moving at an unsustainable clip. Bill Morneau's comments Tuesday follow this week's release of data showing Canada's home sales for June posted their biggest monthly plunge in seven years. The national figure was led by a drop in the Greater Toronto market. The new data provided the latest evidence ...

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