Rate hikes could lead to 10% fall in home prices: Capital Economics - BNN
5/9/2022 12:00:00 AM2 years 11 months ago
by BNN Bloomberg
by BNN Bloomberg
Rising borrowing rates could shave 10 per cent off Canadian home prices over the next year and lead to an even bigger drop in real estate investment, according to Capital Economics.
Rising borrowing rates could shave 10 per cent off Canadian home prices over the next year and lead to an even bigger drop in real estate investment, according to Capital Economics. When interest ra… [+2406 chars]
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