An economist at Canada’s biggest bank says home prices could start falling in 2016 if interest rates return to more normal levels. And he warned that, in the meantime, what goes up will likely come down if salaries and incomes don’t keep pace.
http://www.theglobeandmail.com/report-on-business/economy/housing/rbc-economist-predicts-home-price-declines-in-2016-as-rates-rise/article20142425/
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