Canadian Real Estate Could Be In For A Correction Or Worse BMO

Image by: https://pixabay.com/photos/skyscraper-architecture-city-heaven-3094696/

Interest rates play an important role when it comes to real estate prices. Housing is primarily a financed good, meaning falling interest costs play a big role. As the cost of interest falls, borrowers are able to carry higher debt loads. Being able to carry higher debt loads allows buyers to more easily absorb higher home prices. This is especially important for price growth during an inventory squeeze.

Continue to read on: BETTER DWELLING