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What affects the housing market?

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What affects the housing market?

The correct answer is D. All of the Above!

The housing market is influenced by the state of the economy, interest rates, real income and changes in the size of the population. As well as these demand-side factors, house prices will be determined by available supply. With periods of rising demand and limited supply, we will see rising house prices, rising rents and increased risk of homelessness.

Want to discuss more?
(403) 620-2800
mraction@telus.net
Gary 'Mr Action' Fayerman

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