Inflation, rising interest rates create caution across Metro Vancouver’s housing market VANCOUVER, BC –…
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.
Vancouver Real Estate News, Market Updates, Insider Tips, Stats, & Analysis
As bonds and stocks tumble due to fear of rising interest rates, there are signs Canada’s housing market is facing similar strains.