A tricky dance of debt for home buyers
Filed Under Main Content · Tagged: Globe And Mail, Globe Mail, Home Buyers, House Prices, Housing Sales, Interest Rates, Negative Relationship, Statistics
Globe and Mail- Historically, the relationship between interest rates and housing sales and prices has been a complicated one. But generally, when interest rates go up, house prices go down and when interest rates go down, house prices go up. Statistics that compare house prices to interest rates demonstrate this negative relationship in a rudimentary way. More importantly, numbers of housing sales are also affected by interest rates…
