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Why interest rates are squeezing real estate investors

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Young landlords have benefitted from red-hot rental markets across Canada, and until the last year, low costs on mortgages.

But now, many are struggling to cover higher borrowing costs and are rethinking their investment.

Global's Anne Gaviola reports on why current interest rates are squeezing real estate investors.

For more info, please go to https://globalnews.ca/news/9698634/canada-housing-sales-surged-april-crea/

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Category
U.S. & Canada
Tags
global news, housing market, real estate
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