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The Biggest Elephant in the Room - Inflation

Devin March
Publication date:
May 5, 2022
Article Summary: 

The blog discusses how inflation affects demand for real estate by increasing the cost of borrowing. It shows a graph that represents the change in 5-year insured rates from January 1, 2020, to the present day. The blog suggests that the Bank of Canada sees inflation as the biggest elephant in the room and is determined to bring it under control by using interest rate hikes. However, this could cause collateral damage to the Canadian economy. The blog suggests that buyers should exercise a more cautious and thoughtful approach regardless of the interest rate environment.


inflation, real estate, demand, borrowing, interest rates, Bank of Canada, economy.

Source Citation: 
Devin March
The Biggest Elephant in the Room - Inflation
May 5, 2022
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