How rising interest rates, falling sales are pushing some investors out of Toronto's condo market | CBC News

  • 📰 CBCToronto
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 61%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Rising interest rates coupled with the flattening of average sales prices since March mean some who invested in new condo builds are facing an increased financial burden.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

BS !

The market is on complete chaos we need regulation

They bought into the Realtor con about investment properties hook, line & sinker. Only the Realtor benefits from these transactions. The house of cards is coming down. Homes are for people not investors.

Unlike you unwashed peasants, I pay cash for everything. Including my yacht.

“Invested” I think you mean speculated.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 51. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines