CIBC Risk Model Shows Canadian Real Estate Price Growth Slowing Next Year

Author: External Author | | Categories: Best Mortgage Rates , Commercial Mortgage , Construction Finance , Mortgage Broker , Mortgage Services

A Big Six bank thinks Canadian real estate prices will move slower in recovery than in recession. CIBC’s risk models show they anticipate a lower rate of home price growth over the next year. Even though they see things slowing down, they generally don’t expect prices to fall. Only in a worst case scenario do they show falling prices, making them one of the most optimistic banks.

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