The Real Estate Market is BARELY HANGING ON!

In the Bank of Canada’s latest report on the indictors of financial vulnerabilities which focused mainly on the real estate sectors they warned us that the misalignment of house prices could lead to an “abrupt correction” in Canadian home prices. This weeks data back this up as recent September statistics confirms a slowing market that is barely hanging on. #marketcrash #realestateinvesting #housingmarket #crash #bubble #news

links/references:

https://ycharts.com/indicators/10_2_year_canada_bond_yield_spread#:~:text=10%2D2%20Year%20Canada%20Bond%20Yield%20Spread%20is%20at%200.00,long%20term%20average%20of%200.83%25.

https://www.ratehub.ca/5-year-fixed-mortgage-rate-history

https://www.bankofcanada.ca/rates/indicators/indicators-of-financial-vulnerabilities/

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