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Canada: British Columbia's skyrocketing mortgage rate brings down home sales

Canada: British Columbia's skyrocketing mortgage rate brings down home sales

May 14, 2022, at 05:22 am

Vancouver/IBNS: British Columbia (B.C,)'s Real Estate Association has reportedly estimated that a balanced market is at least a year away adding that a sharp increase in mortgage rates is pushing the province's home sales down a path to normalizing.