Economic Update: Inflation, Interest Rates, and Housing Prices

Make Money Count

Toronto's best mortgage brokers are back with another episode of the Make Money Count Podcast. In this episode Marcus and Justin give an update to the economic responses of 2022. The topics of discussion: Inflation Surges, Interest Rates Rise, and the Housing Market Correction.

Overall, 2022 was a year of rapid tightening and inflation, with the economy remaining strong but certain indicators pointing towards a potential recession. The housing market also saw a correction, with affordability challenges leading to a rising outflow of residents from Toronto.

Follow along on the charts by visiting the episode page.

If you are in need of a home equity loan, Cannect should be your first contact.

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