The wind is definitely shifting—and becoming a lot chillier—for Canada’s housing market. Toronto, Vancouver, Montreal, Ottawa and Hamilton were among the areas experiencing significant pullbacks in home resale activity in May. For many of them this represented the third-straight month of decline. Clearly the Bank of Canada’s interest rate hikes since March. Take look at this ARTICLE from RBC Economics to see how the Canadian house market looks heading into the second half of 2022.