How the wave of retirements expected over the next three years will impact housing.
How the wave of retirements expected over the next three years will impact housing.
A recession is likely and Canada is too indebted to splash on government bailouts this time.
Canada's housing market is in a period of declining house prices due do painfully low affordability. According to Moody’s Analytics, Canada is only halfway through the housing correction.
Limited supply is driving up Canadian real estate prices, since demand is at historic lows due to high mortgage rates it is too soon to call this the beginning of a bull market.
Lower interest rates can make it easier for people to buy a home.
Don’t use quantitative easing (QE), to protect banks against their poor business decisions.
Mortgage delinquencies and defaults are terrible predictors of housing market corrections.