“During a prolonged period of pintsized returns in financial markets, Canadians have been taking advantage of generational low interest rates and rising home values to invest more in real estate,” says Scotia Economics economist Aron Ganpel. “This development is particularly relevant to the issue of saving, since real estate investments, home buying as well as renovations, are not included in the conventional methodology for determining the national savings rate.”
)
)
)
)
)
)
)
)
)
)
)
)
)