Steve Saretsky Says Canada’s Red-Hot Housing Market Will Cool
Realtor Steve Saretsky is the author of one of Vancouver’s most popular real estate blogs. Steve joins Harry Melandri to talk about everything to do with Canada’s housing market. He’s bearish because mortgage rates are rising rapidly while consumer debt levels are already very high. Vancouver, Toronto, and other major Canadian markets have been red-hot for years. But people in those markets are now highly leveraged. Steve sorts through the implications and forecasts what’s next for housing in Canada.
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