Land Registries – A Look at the Impact of Interest Rates On Sales Volumes and Housing Prices in Canada

Land registry platforms provide search and registration, writ filings, and related services. While typically delivered by the public sector, when structured under a long-term service contract or concession to a private entity to provide such essential services on an exclusive basis, DBRS Morningstar assesses such arrangements under its “Global Methodology for Rating Public-Private Partnerships.” DBRS Morningstar has a public rating on a registry platform in Ontario, Canada, and has rated other transactions in Canada on a private basis.

The increase in interest rates in 2021 has affected the housing markets in major economies, and this article looks at the impact from the perspective of land registry platforms. The article primarily focuses on Canada but provides analysis of the trends in other major economies for comparative purposes.