The report makes a sequence of suggestions — the main one being for the Bank of Canada to extend interest rates. The Bank of Canada lately acknowledged for the first time that a sudden inflow of investors is the likely contributor to speedy will increase in housing costs. As CBC News just lately reported, investors now make up the most important section of residence buyers in Ontario; 25 per cent of houses are being snapped up by traders speculating that costs will only hold rising.
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- The firm stated it expects to report an impairment cost within the fourth quarter of 2021 of $0.56 to $0.sixty seven a share of earnings.
- The COVID-19 pandemic significantly affected the U.S. residential real estate market throughout the spring months.
- One thing that has been talked about so