Quote:
Originally Posted by Leondros
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That would be early 2022? There was definitely a seasonal bump in sales then, but it was far less than the year before, so even if there were more variable mortgages than normal, that's still a small proportion of the overall mortgages out there:
https://wowa.ca/reports/canada-housing-market
Calgary, specifically, saw a large housing sales boom in early 2022, but that was still only a max of 4,000ish sales per month.