fbpx
MonsterMortage.ca logo with 'Live a Monster Life'

Home Prices Vs. Interest Rates

March 30, 2021

By: Don Bayer, President MonsterMortgage.ca

 

I came across this chart on BNN – Tuesday, March 30th, 2021.

 

It clearly shows that as interest rates decline, prices of real estate increase and sometimes increase very dramatically. I suppose we all know this occurs – it’s called an inverse relationship in economics but to see this so clearly – especially over 10 or 12 years is quite remarkable.

BACK TO BLOG FEED