All in Rates
The combination of higher borrowing costs, economic uncertainty, rising supply of active listings, and government policies aimed at cooling the housing market have all contributed to the rapid drop in property values in Toronto. However, it's important to keep in mind that the real estate market is complex and that the impact of these factors can vary from area to area.
The outlook for the Vancouver property market can be considered uncertain in the short term, with several variables that could potentially impact the market. It is essential to stay informed and seek professional advice before making any investment decisions.
A summary of housing-related goodies in the Canadian federal budget, and their likely impact on the market.
Higher U.S. interest rates will pressure Canada to match or devalue the Canadian dollar
The trend continues unabated.
Interest rates are rising and it will put downward pressure on home values.
The Toronto mortgage market is one of the most competitive in Canada.
Regulator takes our advice to simplify the mortgage stress test for consumers and reduce home price volatility.
