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In addition, the province of Ontario's Fair Housing Plan set in place stricter rent controls and 16 measures to help combat the growth of the real estate market . [34] These remedies coincided with a slight dip in housing prices in 2017 [35] which some believed was the beginning of a housing crash. [36]
In a recent article on Ramsey Solutions, Rachel Cruze, No. 1 New York Times bestselling author and financial expert, gave her predictions for the housing market in 2025. Here are six key takeaways ...
While current conditions don’t point to a housing market crash, a few factors could lead that way, according to U.S. News & World Report. These include a drastic increase in unemployment, a ...
In July, the housing market had a 4.0-month supply of housing inventory, a 19.8 percent improvement over last year but still below the 5 to 6 months needed for a healthy, balanced market — one ...
“A crash happens with oversupply,” Yun says. “A 30 percent decrease will not happen, because there isn’t enough inventory.” He believes the housing supply will balance out within five years.
Since the Great Depression, the next most dramatic economic crash of the day came in 2008-09, when the overinflated housing bubble burst, sending the U.S. economy into free fall and devastating...
The past few years have been a wild ride for real estate. This has caused many to wonder if the market will come to a screeching halt in 2023. Read: 3 Things You Must Do When Your Savings...
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