top of page
< Back
Category:

Educational Materials/Courses

Save this article  > 

The Biggest Elephant in the Room - Inflation

Author: 
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.

Keywords: 

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
https://www.condodork.com/en/news/posts/the-biggest-elephant-in-the-room-inflation
Did you find this article useful? 
Your feedback is important not only to us, but to all the other key players in the condo industry.  Help us by letting us know if this article is relevant and useful.  This will help us prioritize articles that provide helpful guidance to other key players like you. 

Please login to use this feature.

bottom of page