How Brexit affects Canadian real estate (maybe)

In case you missed the big Brexit story this past week, there was a big referendum held last week, at which the UK voted in favour of leaving the EU. Naturally, this story has made headlines worldwide, and the effects of this move will have a global impact as well. While the effects of the Brexit remain to be seen, we will learn more as the situation unfolds elsewhere. However, this is what experts are predicting for Canadian real estate as a result of this move. Low interest rates: pressure is on Canada to keep interest rates at historically low levels. Less British tourists and immigrants: because…