Canada’s housing market taps on the brakes as interest rates rise

Canada’s housing market taps on the brakes as interest rates rise

May 19, 2022 | Curtis Grainger Jason Fields

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The Bank of Canada’s interest rate liftoff was quick to rein in supercharged housing activity and weigh on home prices.  This ARTICLE from RBC Economics outlines that RBC expect our central bank’s `forceful’ monetary policy normalization will further cool demand in the period ahead.

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