2023 Housing market is more like the 1980s, not 2008: BofA economists

Canada News News

2023 Housing market is more like the 1980s, not 2008: BofA economists
Canada Latest News,Canada Headlines
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

Bank of America (BAC) economists say that today's housing market is reminding them more of the 1980s, not what the U.S. saw in the 2008 financial crisis. The...

) economists say that today's housing market is reminding them more of the 1980s, not what the U.S. saw in the 2008 financial crisis. The similarities the economists point to include high inflation and high interest rates. However, there is one key difference between the market of today and the market of 40 years ago. Yahoo Finance's Dani Romero explains what it is in the video above.This month, Costco members may wonder whether they should add gold to their shopping lists.

‘Cash is losing its value every single day': This YouTuber argues keeping your cash in your savings account is actually just eroding your wealth — here are his top 5 alternativesI was all set for my trip, or so I thought. That's when my friend told me to always keep a bread clip when traveling. The reason is quite clever.Blue-chip dividend stocks such as Enbridge can help you earn a stable stream of recurring income for life.

OTTAWA — Deciding between a fixed- or variable-rate mortgage has always been a challenging choice for borrowers looking to buy a home or renew a loan, but with interest rates sitting at levels not seen in decades, the stakes are especially high. Variable-rate mortgages fell out of favour as Bank of Canada interest rate hikes sent the cost of loans linked to the big banks' prime rates soaring, but the cost of fixed-rate mortgages have also climbed from their pandemic lows.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bank of America analysts see no housing crash like in 2008Bank of America analysts see no housing crash like in 2008Instead, the housing market is similar to 1980.
Read more »

New-Update^^Amazon Gift Card Codes Generator 2023 Daily UpdateNew-Update^^Amazon Gift Card Codes Generator 2023 Daily UpdateAmazon Gift Card Generator 2023 No Human Verification bears an exceptional amazon gift card code this code is a 14 character long alphanumeric code contains both alphabet and numbers when initiated the sum will be added to your amazonpay wallet in sp
Read more »

Free!^Cash App Money Generator Tool V5.1 Hack 2023 WorkingFree!^Cash App Money Generator Tool V5.1 Hack 2023 WorkingHello Dear Cash App Fans, I hope you are enjoying our daily articles. Cash App hack 2022 Free Money Generator code!! Free Money on CashApp download link is given in this post.
Read more »

Letters, Oct. 8, 2023: 'Prime Minister choosing his fall guys'Letters, Oct. 8, 2023: 'Prime Minister choosing his fall guys'Calgary Sun Letters to the Editor, Oct. 8, 2023: 'Prime Minister choosing his fall guys'
Read more »

TV]] Chicago Marathon 2023 Live Stream In CanadaTV]] Chicago Marathon 2023 Live Stream In CanadaThe live TV broadcasts are scheduled to air from 7 a.m. to 11 a.m. CT.
Read more »



Render Time: 2025-02-24 12:25:52