Great article in the Toronto Star, confirming the reality of one aspect of the housing market today — it’s one heck of a race. With the Bank Of Canada delaying an interest-rate increase for a little while longer, the market is sure to react with a continued buyers-frenzy. Locking in at all-time low mortgage rates is high on the list for many prospective home buyers, so the demand for the already-limited inventory is sure to become even higher.
https://www.thestar.com/business/2022/01/27/now-its-a-race-homebuyers-will-rush-to-get-into-the-real-estate-market-before-interest-rates-rise-in-coming-months-economists-say.html
