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Flagging retail sales a bad omen for home prices Add to ...

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A Conference Board of Canada report concluded that record household debt levels will slow domestic consumer spending, and since the bulk of this debt is mortgage-related, I went in search of a connection between the housing market and consumer spending.

The past 17 years has seen a close relationship between retail spending and housing prices. If it holds, this might be bad news for indebted homeowners.

Follow on Twitter: @SBarlow_ROB

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