When it comes to risks in the housing market, Routledge said OSFI “is preparing for the possibility but not predicting that the housing market will experience sustained weakness throughout 2023.”, in particular, because monthly payments on these mortgages in the rising rate environment can fail to cover even the interest in some cases.
“It’s not so much banks can force them. They can work with them constructively to help them manage that risk out there,” Routledge said. Meanwhile, inflation, the potential rise of borrower defaults, and ongoing supply chain issues are already putting pressure on construction and development which, along with office assets, are the sub-segments of commercial real estate facing the most uncertainty in the coming year.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Watchdog flags housing market as top risk to Canada's financial systemHousing market has topped an annual list of the biggest risks to Canada’s financial system released by OSFI. Find out more BatPost ibid or op. cit. ?
Sumber: financialpost - 🏆 7. / 85 Baca lebih lajut »
Watchdog flags housing market as top risk to Canada's financial systemHousing market has topped an annual list of the biggest risks to Canada’s financial system released by OSFI. Find out more
Sumber: fpinvesting - 🏆 43. / 63 Baca lebih lajut »
Posthaste: Canada's housing market is showing green shoots, but something is missingCanada\u0027s housing market is showing signs of life after a year\u002Dlong winter, but while buyers are returning, sellers aren\u0027t. Find out more Houses?
Sumber: nationalpost - 🏆 10. / 80 Baca lebih lajut »
Posthaste: Canada's housing market is showing green shoots, but something is missingCanada\u0027s housing market is showing signs of life after a year\u002Dlong winter, but while buyers are returning, sellers aren\u0027t. Find out more
Sumber: financialpost - 🏆 7. / 85 Baca lebih lajut »
Posthaste: Canada's housing market is showing green shoots, but something is missingCanada\u0027s housing market is showing signs of life after a year\u002Dlong winter, but while buyers are returning, sellers aren\u0027t. Find out more
Sumber: fpinvesting - 🏆 43. / 63 Baca lebih lajut »
Posthaste: Canada's housing market is showing green shoots, but something is missingCanada\u0027s housing market is showing signs of life after a year\u002Dlong winter, but while buyers are returning, sellers aren\u0027t. Find out more
Sumber: calgaryherald - 🏆 64. / 52 Baca lebih lajut »