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What's The Worst Case Scenario For Real Estate In 2023

The Canadian Real Estate Investor

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Mortgage Credit Demand Summary - Mortgage Rates Rise Despite Falling Home Prices

Despite falling home prices and rising rates, mortgage growth has remained somewhat resilient. Broker customers receive a significantly greater number of mortgage quotes than bank customers which increases the home buyer's choice. Overall we expect demand for mortgages to be lower over the ongoing and next year.

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