(Source: The Canadian Press)
A new study by Bank of Nova Scotia (TSX:BNS) says there are signs of a tentative but growing stabilization in the housing markets of several developed countries around the world.
Canada is among the countries where home prices increased in the second quarter, along with Australia and the United States.
House prices continued to fall in the United Kingdom, France, Spain and other countries but Scotiabank says the pace of decline slowed.
Read the full article “Real estate prices in several countries on the rise again: Scotiabank” in the Canadian Press (October 1, 2009).