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Why the great Canadian housing bubble continues to inflate

Why the great Canadian housing bubble continues to inflate
Earlier this month, I wrote about why Canadian house prices are proving to be bulletproof, despite high interest rates and heavily-indebted consumers.In the last 20 years, Canadian home prices have utterly crushed those in the US.The problem, simply is that Canada doesn't have enough homes. The country is adding 1 million people per year and isn't building nearly enough homes in large part due to draconian regulations.Today, CIBC dives deeper into a problem that I suspect will soon topple govern... Read More
Posted: Jun 20 2023, 18:34
Author Name: forexlive
Views: 092071

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