Your Lender Is Counting On You Not Reading This

If you've been waiting for housing prices to come down because more homes are being built, we've got some real talk for you. CMHC just reported that housing starts dropped 15% in January, and the six-month trend has now declined for four consecutive months in a row. Their own deputy chief economist is saying a near-term turnaround is looking unlikely. Trade uncertainty, sky-high construction costs, weaker demand, and rising inventories are all putting the brakes on developers

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