Canada’s housing market will cool, not collapse: economist

Bank of Canada Governor Tiff Macklem is warning that a correction in housing prices could be coming soon, but the chief economist and strategist of The Desjardins Group says Canada's housing market is expected to cool, not collapse.

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16 comments

  1. Gas $2.25 a litre, groceries 25% more, and your yet to adjust to this prime interest hike. On mortgage renewal your payment of $3000 will become $3500 or more 🤕

  2. When your mortgage goes up by 30%-45%, which is somewhere between $1000 and $1800 per month, of course it will be a manageable retranchment. I believe this guy!

  3. Cant trust this guy he’s not gonna say how bad things really are or will be in a year or more. Hopefully housing crashes by 40-50% 😁

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