Description: Canadian real estate brokerage Royal LePage says any increases in interest rates this year will not do much to tame soaring home prices.
Source: BNNBloomberg.ca – video report
Date: Jan 14, 2022
Link: https://www.bnnbloomberg.ca/rate-hikes-unlikely-to-tame-soaring-home-prices-royal-lepage-1.1707562
Questions for discussion:
- What are the key reasons for market prices, according to the report?
- How might rising interest rates affect buyer or seller decisions?