Sentences with phrase «sparked by higher interest rates»

There have been growing worries that overheated prices in Vancouver and Toronto could be a problem for the broader economy, especially if there is a sudden decline in housing prices sparked by higher interest rates.

Not exact matches

Hickey contends the markets were ripe for a sell - off, which was sparked by converging factors including worries that rising wages will spur higher interest rates, pension fund re-balancing and short volatility ETFs blowing up.

Despite solid interest in buying a home — sparked by steady job gains, record low mortgage rates and higher rents — the severe drought in housing supply in much of the country over the past year accelerated price growth and kept many first - time buyers out of the market.