Scant housing supply cripples rate hike impact on real estate market, economists warn - The Globe and Mail

Some U.S. economists are cautioning that rate hikes probably won’t wield the power they normally do over the housing market

A record mismatch between housing demand and supply is forcing economists to reconsider the role interest rates will play in cooling runaway house prices. Typically, rising rates cool a hot housing … [+4283 chars]

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