Posted by & filed under Consumer/Buyer Behavior, Pricing.

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?