Canada real estate is reliving 30-year-old history: analysis

Mortgage Broker News

While the continuously growing prices in Canada’s real estate sector might come across as a shock for industry players and would-be market participants, an article from way back in 1988 shows that the state of the country’s most dynamic housing markets is nothing new. Posted by The Globe and Mail real estate reporter Tamsin McMahon on social media, the near-30-year-old report focused on the impact of low mortgage rates on the then rapidly growing home prices in Toronto.

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Michael James

Michael James

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CENTURY 21 Capital Realty Inc., Brokerage*
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