“The Bottom is Likely Many Months Away”: Home Prices to Keep Falling into 2023
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Home prices could be a long way from their bottom as interest rates are set to rise higher, writes a prominent bank economist.
11 hours ago
from: Storeys
- Bottom still a ways away for Canada's housing market Formerly overheating markets in Ontario and parts of the BC Lower Mainland have been the epicentre of the downturn to date. - RBC Economics.
from: RBC Thought Leadership -
- Bottom still a ways away for Canada's housing market Formerly overheating markets in Ontario and parts of the BC Lower Mainland have been the epicentre of the downturn to date. - RBC Economics.
from: RBC Thought Leadership -
- Bottom still a ways away for Canada's housing market Formerly overheating markets in Ontario and parts of the BC Lower Mainland have been the epicentre of the downturn to date. - RBC Economics.
from: RBC Thought Leadership -
- Canadian Housing Affordability Hits Worst Level In 30 Years New data from the Bank of Canada found that the country's Housing Affordability Index (HAI), a measure of a household's disposable income that is put towards housing-related expenses, jumped up to 42.8% during the first quarter of 2022.
from: Storeys