Canada: Destruction of real estate is upon us as the pieces fall into place

in #canada7 years ago

The evidence is all there and everything is falling into place.

When you do the math, there’s really no way to avoid what’s coming. The mortgage, banking, and real estate market in Canada are about to undergo a dramatic change.


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Source/credit:

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http://givemefreeart.com/Downloads/free-3d-animation/Puzzle-Animation.php#

Vide screencapture of:
https://www.huffingtonpost.ca/2018/04/04/toronto-home-sales_a_23402704/

https://www.zerohedge.com/news/2018-04-22/canadians-just-set-new-record-borrowing-against-their-homes

https://www.zerohedge.com/news/2018-04-30/we-know-its-going-be-painful-half-existing-canadian-mortgages-are-renewal-2018

http://business.financialpost.com/news/fp-street/cibc-will-raise-5-year-fixed-rate-mortgage-rate-by-15-basis-points-on-tuesday