Like many other countries worldwide, Canadian capitalization rates began to rise, and property prices fell as central banks aggressively raised interest rates to battle a post-pandemic inflation surge.
CoStar Insight
Canadian real estate appears to be overvalued
Properties either priced for perfection or embedding an unlikely bet that interest rates will soon fall
By Carl Gomez
CoStar Analytics
December 2, 2024 | 3:48 P.M.
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