[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.[/QUOTE]
I like to think Canada is more like Austrailia (economically) where they have been raising rates for months now but if the US has the second wave this year as many fear it could splash our economy also regardless
http://www.globalresearch.ca/index.p...t=va&aid=17451
http://personalmoneystore.com/moneyb...shiller-index/
Governments force feeding economies is a little concerning and it will be months before we know how sustainable it is. Not a good time to buy real estate imo as there is way more potential for a market crash vs capital appreciation in Calgary or most other markets for that matter. Poor visibility. Globally there are some good bargains I guess if you like Greece or Detroit
