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Ontario, B.C. headed for buyer’s market despite high interest rates: RBC housing report | Globalnews.ca

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Ontario, B.C. headed for buyer’s market despite high interest rates: RBC housing report

Sales in Vancouver, Victoria, the Fraser Valley, Toronto, Ottawa, Hamilton, London and Niagara are now seeing a ratio of sales to listings close to 0.40, which Hogue calls the threshold where buyers have more “sway on prices.”Home sales and prices have fallen this year as rising interest rates have increased the cost of borrowing for Canadians.

The country’s big banks have raised their interest rates as the Bank of Canada has raised its key interest rate seven times since March in an effort to bring inflation under control.

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That headline doesn’t make sense 😂, higher rates lead to lower prices

日本 最新ニュース, 日本 見出し

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