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What Faltering Stocks And Bonds Could Mean For House Prices: Don Pittis

What faltering stocks and bonds could mean for house prices: Don Pittis

Stocks and bonds may be going through a bad patch, but a more important question for many Canadians is how a new feeling of financial uncertainty is affecting their biggest single investment: their homes.

Statistics Canada doesn’t ask Canadians directly whether they invest in stocks or bonds. However, as of May 2016, 67.8 per cent of Canadian households owned their own homes.

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As bonds and stocks tumble due to fear of rising interest rates, there are signs Canada’s housing market is facing similar strains.

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