One of Canada’s largest banks just delivered bad news for real estate investors—it’s a bubble already deflating. BMO Capital Markets warns that home prices have been sliding for over three years, more closely resembling the US housing crash in 2007
Tag: bubble
Commercial real estate bubble will burst, says top economist who predicted 2008 housing crisis
While a lot has recovered and rebounded since the pandemic (think Thanksgiving travel and gathering en masse), work environments seem forever changed. The pandemic emptied office buildings as we once knew them, and central business districts suffered. Commercial real estate …