A growing number of investors are betting Canada's frothy property market will nosedive, according to research firm Markit, as low energy prices drag down the country's economic outlook.
Investors are taking out an increasing number of "short" positions on banks and insurers with high exposure to the property market, Markit explained, with these investors expecting share prices to slide. This comes amid record low interest rates in the country— which have been cut twice this year, down to 0.5 percent.
Financial groups now account for three of the top 10 shorted stocks in the country, it said.
http://www.cnbc.com/2015/10/30/why-investors-are-shorting-canadas-housing-market.html
