Canadian real estate is impervious to crashes it has been said. There can be no way prices ever come down. This is of course all according the mainstream financial media and those who have everything riding on the fact that real estate rill continue to rocket upward. There’s just one issue however...
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In This Episode:
Canadian real estate is impervious to crashes it has been said. There can be no way prices ever come down. This is of course all according the mainstream financial media and those who have everything riding on the fact that real estate rill continue to rocket upward. There’s just one issue however...
canada central bank interest rates home housing
Bank of Canada raises interest rate for 1st time in 7 years to 0.75% - Business - CBC News
http://www.cbc.ca/news/business/bank-canada-interest-rate-monetary-policy-1.4200814
Big 5 banks increase prime rates after Bank of Canada's interest rate hike - Business - CBC News
http://www.cbc.ca/news/business/prime-interest-rate-increases-1.4201403
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Toronto’s real estate market could keep cooling off thanks to interest rate hike: economist - National | Globalnews.ca
http://globalnews.ca/news/3594672/toronto-real-estate-market-interest-rate/
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