Declining Loonie Could Boost Canadian Real Estate Prices Further

The loonie doesn’t look like it’ll be soaring anytime soon. The oil market sucks, millennials are getting squeezed, and the economy is concentrated in real estate. It’s no wonder analysts are now calling a further decline anticipating another 15 drop against the US dollar. On the other hand, that plummeting loonie could lead to a further rise in home prices.

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