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Is The Worst Still Ahead For Canadian Real Estate
Description
We cover a report Dan puts together for his real estate brokerage - so we are touching on Immigration - Construction - Interest Rates - House Prices and more
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Canada’s 5-year bond yield has retreated to levels not seen since spring of this year – when we saw Canada’s strongest spring market.
- December and January will mark the long-term low for the number of homes sold in Canada.
- rental inflation and mortgage interest costs, shelter is the leading cost of inflation in both components: Mortgage interests costs at 30.6% & Rental rates at 8.0%
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