#CanadaRealEstate #CanadianRealEstate #OntarioRealEstate
Canada’s Real Estate market may have hit a “turning point” according to new data released by Equifax and RBC. With mortgage amounts down from the previous quarter and more and more properties going on the market, RBC argues that Canada’s Real Estate market could be in for a reversal.
Though Canada’s housing market probably will not cool overnight, these are some of the first signs we’ve seen of a cooling market – with mortgage loans dropping and more properties hitting the market, this could definitely be a sign of things to come in Canadian Real Estate.
Links:
Significant Drop in New Mortgages, Consumers Leaning More on Credit Cards
Equifax Canada Market Pulse Quarterly Credit Trends Report:
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A turning point? More sellers enter Canada's housing market in February:
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Canadian dollar no longer rising with oil prices, adding to inflation: [ Ссылка ]
Rising central bank interest rates push Canadians to the edge:
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Posthaste: Majority of Canadians say they can no longer keep up with inflation:
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