Billions in 'unknown' funds flowing into Canada's housing market [video]

Discussion in 'Economics' started by Ninja Mobile Trader VPS, Jul 30, 2021.

  1. Snarkhund

    Snarkhund

    Its been average 2.9% "appreciation" each month for the last year here.
     
    #41     Aug 4, 2021
  2. Fain

    Fain

    some availability might have been hurt at the start due to Risk premiums and qualifying at banks. Once these 150 basis points at Bank of Canada worked itself down to the mortgage rates at the bank level, it was craz.

    on the one hand, i had months where NO tenant paid me. On the other, the rate cut helped prices a ton.
     
    #42     Aug 4, 2021