Soaring house prices stoke fears of Canada ‘cost of living crisis’

Author: Ebrahim Haghighi Licensed Mortgage Broker | | Categories: Commercial Mortgage , Commercial Real Estate , Credit Consulting , Debt Consolidation , First-Time Home Buyer Mortgage , Mortgage Broker , Mortgage Professional , Mortgage Services , New to Canada Mortgage , Private Mortgage , Real Estate Broker , Real Estate Services , Realtor , Residential Real Estate

Blog by EBRAHIM HAGHIGHI (BMgmt) Licensed Mortgage Broker

Lawmakers under pressure to act as low supply pushes home ownership beyond reach of younger Canadians. 
Trying to decide whether Canada’s real estate market has peaked has long been a national pastime. And, last year, even the country’s housing agency gave a steer: it warned that a Covid-led correction was imminent and prices could fall by as much as 18 per cent.

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Original Article Source Credits: Financial Times, https://www.ft.com

Article Written By: Joshua Oliver

Original Article Posted on:  

Link to Original Article: https://www.ft.com/content/77e2ec21-f823-4291-9cb6-e992c1ad69e6



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