Home price drops expected for Vancouver and Toronto in 2023 | Urbanized - Daily Hive
4/25/2022 12:00:00 AM3 yearsago
by Kenneth Chan
by Kenneth Chan
Each 1% rate hike interest is $500 in additional monthly mortgage payments.
The heated Vancouver and Toronto housing markets are expected to see a real cooling in 2023 from continued significant interest rate hikes by the Bank of Canada (BOC). That is the new forecast of th… [+2755 chars]
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