Bisnow Business Real Estate NewsBisnow Business Real Estate News
Housing is a long-term investment and the largest asset for many households, so even when preferences do permanently change, the immediate economic uncertainty may keep potential buyers on the sidelines for a while. With a limited supply of stock, a sustained growth in home costs might make it troublesome to act on these potential moves. The incontrovertible Land & Plots truth that Canadian home prices have risen far beyond rental rates tells us that it’s because of monetary factors alone — not an absence of supply. Lending standards are additionally stricter than they as soon as have been, so homeowners… [...]