Low interest rates, demand for more space during pandemic has pushed Canadian housing market to extraordinary heights
Just when you thought it couldn’t go any higher, there it goes again. Despite a pandemic, the average price for a house across all provinces in Canada continues to rise. And while the Canadian Mortgage and Housing Corporation predict that the peak is near, it is unlikely that the real estate market will see much of a decline over the next few years. For those looking to invest, this is good news.
Original Article Source Credits: Financial Post , https://financialpost.com/
Article Written By: NA
Original Article Posted on: May 18, 2021
Link to Original Article: https://financialpost.com/personal-finance/business-essentials/low-interest-rates-demand-for-more-space-during-pandemic-has-pushed-canadian-housing-market-to-extraordinary-heights