Quote:
Originally Posted by fundmark19
I am sure this is the bottom!
Since the us promised to keep its rates low again can Canada really afford to raise ours? By raising our rates with the US not raising theirs our Dollar value will rise which in turn makes our sales of goods to the US lower making our economy struggle again? Does anyone have any more insight on this? Seems like Canada is stuck between a rock and a hard place so to speak
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Really? You sure? I'm not sure - where do you get your assurances?
Hehe, I'm no expert but the impression I get from mls and chatting with agents is that the mid/upper end real estate market is pretty slow/not really moving. Lower end/first time home buyers seem to be running around desperate to buy something, anything - it's free money time!
http://www.financialpost.com/news-se...tml?id=2690063
The US promised to keep their rates low. We've pretty promised that it's going up soon and fast when it does. Should be interesting to see the effects.