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Today: 17.01.2018 - 14:49:07
   Canada Mortgage Hub Discussion Board -> Mortgage Vancouver -> When will real estate prices stop RISING 25% to 40% each and every year? ( I'm talking about Canada here )?
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racpacelli

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When will real estate prices stop RISING 25% to 40% each and every year? ( I'm talking about Canada here )?
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Canadian mortgage rules
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recryting

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if they are rising that fast, the bubble will break soon enough, even bigger than it broke in the US and I hope you DON'T own an real estate when it happens5 yrs after the fact, 25% of homes in US with mortgages are still under water/negative equity and I just read today, one guy is predicting maybe another 25% drop over the next 5 yrs
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prkush

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Mortgage rates have been at historical lows for several years. Combine this with robust Chinese investment in Vancouver properties and these are two of the main reasons why the real estate market is so hot in Vancouver.Prices will stop rising when mortgage interest rates begin to rise and when there is less foreign investment in properties. When these two factors kick in is anyone's guess.
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Canadian housing and mortgage corporation
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