BMO Wants To "Douse The Fire" On Rising Real Estate Prices
Wednesday Mar 31st, 2021
ShareFrom The Globe & Mail, March 30, 2021 Bank of Montreal Economists are urging policy makers to act immediately to dampen housing prices and warning of severe consequences if nothing is done. With home prices spiking across the country and houses selling well over asking prices, BMO’s economic team said policy makers need to take action to immediately break “market psychology and the belief that prices will only rise further.” “That would dampen the... [read more]
