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Mortgage rate rise could ‘suffocate’ housing recovery

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Watch: Ron Butler and John Pasalis on how home price declines are likely to continue into next year

Published Oct 01, 2026

Last updated 26 minutes ago

< 1 minute read

A home for sale in East Gwillimbury, Ont.A home for sale in East Gwillimbury, Ont. Photo by Cole Burston/Bloomberg files

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Ron Butler and John Pasalis talk to FP about how home price declines are likely to continue into next year as rising mortgage rates and economic uncertainty keep buyers on the sidelines.

Financial Post

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