And sales crash.
Bashing the dreams of the bondholders.
In Vancouver, 33% of sales are to Chinese investors (National Bank)
Suddenly lurking in the shadow inventory.
Banks are heavily exposed.
Worst Plunge in Retail Sales since 2008 as Inflation Whacks Consumers.
Investor Sentiment Hits Worst Level since March 2009
It simply doesn’t let up.
Alberta Falls off the Chart.
The industry spirals into turmoil.