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Big news for Canadian Interest Rates! The Canada 5 year bond yield went up 20 basis pts this week from 3.8 to 4%!!! Thus Canadian banks will have to raise rates further next week...This in turn will lower house prices across Canada this Fall due to the fact that buyers will have 15% less purchasing power than a few months ago! Dark times ahead for Canadian Real Estate! Don't be afraid to LOWBALL your offer $200,000 below the asking price this FALL!!! Need help? Let me know Im here to help. ENJOY:)

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Did you miss our previous article...
https://trendinginrealestate.com/real-estate-trends/calgary-real-estate-is-on-a-tear-bucking-the-trend-elsewhere