Brexit Forecasted to Fuel Canada Home Prices

Brexit Forecasted to Fuel Canada Home Prices

Assessment

Interactive Video

Business

University

Hard

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The video discusses a significant forecast in the Canadian real estate market, predicting a 12.4% increase in home prices, led by Vancouver and Toronto. It highlights regional variations, with Alberta showing stable growth despite economic challenges. Risks such as house flipping are addressed, and the influence of global events like Brexit is considered. The Bank of Canada's interest rate stance is also discussed, suggesting a favorable mortgage environment.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What major risk is associated with the real estate market in Vancouver?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has global instability, particularly Brexit, impacted the Canadian real estate market?

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