Page 3 - Steve Saretsky News Today

British Columbians are struggling with debt. This could be expected, given that inflation hit a 39-year peak of 8.1 per cent last June, interest rates are at 15-year highs and COVID-19-related financial support is long gone.

British Columbians are struggling with debt. This could be expected, given that inflation hit a 39-year peak of 8.1 per cent last June, interest rates are at 15-year highs and COVID-19-related financial support is long gone.

British Columbians are struggling with debt. This could be expected, given that inflation hit a 39-year peak of 8.1 per cent last June, interest rates are at 15-year highs and COVID-19-related financial support is long gone.

Heres what to expect from the real estate market in 2023, according to Vancouver realtor Steve Saretsky. Watch the video.

Even with regulatory action, theres no guarantee HSBC Canadas cut-rate mortgages will survive, industry watchers say. Find out more.

The housing bubble is bursting — globally — in a way it hasn’t for decades.

Vancouver realtor Steve Saretsky talks about Canadas housing market outlook. Watch here.

Our final column examines the effect of runaway inflation on home affordability in Canada’s priciest province.

Analysis: ‘Buyers don’t know whether to purchase yet. And sellers don’t know if they should sell for less.’

The real estate market is cooling. But even a record 30 per cent drop in prices would only go back to how things were in late 2020 when experts warned of a bubble.