Canadian Real Estate Is About To See Rate Pressure Not Seen Since The 90s Crash: BMO

Canadian real estate prices are about to get downward pressure not seen in decades. Government of Canada (GoC) 5-year bond yields are soaring and it’ll have a big impact on housing, says BMO. In a research note to investors, they warn mortgage costs are rising towards a decade high. However, the level of mortgage rates … Continue reading Canadian Real Estate Is About To See Rate Pressure Not Seen Since The 90s Crash: BMO