Cooling housing market shows short supply didn’t fuel COVID price surge: BMO economist - Global News


7/20/2022 12:00:00 AM2 years 9 months ago
by Craig Lord

BMO's top economist is calling into question the role of a constrained housing supply in fueling home price growth during the COVID-19 pandemic.

Canadas massive run-up in housing prices during the COVID-19 pandemic had more to do with investor demand and rock-bottom interest rates than oft-talked about concerns of insufficient housing supply,… [+5097 chars]

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