what is the impact of the recent appreciation of Canadian $ against US$ on the Canadian property market?

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what is the impact of the recent appreciation of Canadian $ against US$ on the Canadian property market?

With particular reference to Winnipeg Property Market

2007-10-05 10:34:37 · 3 answers · asked by Tunde 1 in Business & Finance ➔ Renting & Real Estate

3 answers

Perhaps more Canadians will travel b/c their money can go further...

2007-10-05 10:38:32 · answer #1 · answered by Ryan 2 · 0⤊ 1⤋

While it may have an impact on the prices of certain goods and services -- US imports will be cheaper for example -- it probably won't have much affect on the real estate market at all. Real estate prices are not linked to the exchange rate -- unless you're a foreign buyer that is.

2007-10-05 11:59:32 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋

it's good for America, it makes our products cheaper to buy in Canada and your products higher in America.

2007-10-05 10:42:45 · answer #3 · answered by Jan Luv 7 · 0⤊ 0⤋