Bank of Canada interst rate clarity to decide spring housing market
Canada's spring housing market is poised to take off, but a surge is unlikely until the Bank of Canada provides direction on rates. Read on.
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Canada's spring housing market is poised to take off, but a surge is unlikely until the Bank of Canada provides direction on rates. Read on.
After five straight holds of the Bank of Canada's key interest rate that followed its hiking cycle of more than a year, economists say a rebound awaits the national housing market — but don't expect a big surge just yet.
After five straight holds of the Bank of Canada's key interest rate that followed its hiking cycle of more than a year, economists say a rebound awaits the national housing market — but don't expect a big surge just yet.
Affordability, cost of living still weighing on buyers, even as rate cuts appear imminent
The central bank is expected to again hold its key rate steady when it announces its decision Wednesday, but it's unclear what direction it will take next.