Will Canadian Interest Rate Increases Crash Calgary's Market?
Posted by Jared Chamberlain on
Will Canadian Interest Rate Increases Crash Calgary's Market?
Is it all over?
Are the rising interest rates in Canada the biggest threat to Calgary's real estate market over the next couple of years?
Lately, our team has been having several conversations about this topic with clients, reporters, and local magazines, and now, we want to put the record straight.
More than what the news headlines say, you need to look at two important factors to understand what is happening in the market. First, you need to analyze how interest rates change historically, then study the current supply in the market.
Interest Rates
Lindsay Labrecque, a mortgage broker shared historical information with our team to talk about the changes in…
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