Blog Article

Wednesday, 01 June 2022

By Kim Owen

Leah Zlatkin quoted in the Toronto Sun: ‘GTA Home Market Continues to Soften As Rate Hikes Continue’

“Canadian homeowners and hopeful buyers are readjusting their monthly budgets and affordability expectations after each of these increases,” says Leah Zlatkin, broker with

“While this change may be difficult to manage alongside other increased costs of living right now, it’s important to remember that before the pandemic the overnight rate was at 1.75 per cent and we’re not yet back at that level.”

The Bank of Canada has signaled more rate hikes are on its radar.