Low interest rates, demand for more space during pandemic has pushed Canadian housing market to extraordinary heights

Author: External Author | | Categories: Bad Credit Mortgage , Debt Consolidation , First Time Home Buyers , Mortgage Advisor , Mortgage Agent Barrie , Mortgage Refinance , Mortgage Specialist , Private Lender

First Time Home Buyer Barrie

There's still time to get in on this hot market. Just when you thought it couldn’t go any higher, there it goes again. Despite a pandemic, the average price for a house across all provinces in Canada continues to rise. And while the Canadian Mortgage and Housing Corporation predict that the peak is near, it is unlikely that the real estate market will see much of a decline over the next few years. For those looking to invest, this is good news.

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Original Article Source Credits: financialpost, https://financialpost.com

Article Written By: NA

Original Article Posted on: May 18, 2021

Link to Original Article: https://financialpost.com/personal-finance/business-essentials/low-interest-rates-demand-for-more-space-during-pandemic-has-pushed-canadian-housing-market-to-extraordinary-heights