another sign the rising cost of borrowing is taking a toll on residential real estate.
In a release, CREA Chair Jill Oudil said the latest figures were a sign of stabilization for Canada’s residential real estate market.
Government spending & an Increased money supply has created Inflation so the government will continue to raise interest rates until the tax payers pay for the Government mistake.
houses price must cut half to reach a point where every Canadian can afford a place to live with. Higher foreign buyer speculation tax is also needed. Especially for buyers from asian country, we need to ban their right to own land and home in Canada.
Another 7 years until prices decline another 65%
If you are planning to buy go ahead and buy. Most likely you will not be lucky enough to guess where the bottom will be. Now is a good entry point.
6 months to a year shouldn't even be an option LOL
Next 1-5 years will be time to buy. We’ll know when no one wants real estate.