Rate hold means status quo for Canada's struggling housing market: experts - Mortgage Rates & Mortgage Broker News in Canada

Crise du logement: solutions d’ici et d’ailleurs

Pendant que les États-Unis accaparent l’attention, la crise du logement persiste au Canada. Un voyage dans l’Ouest canadien, dans l’histoire du pays, ainsi qu’en Europe et en Asie, montre que des solutions potentielles existent juste sous notre nez. «Nous estimons que 2,4 millions de ménages ont actuellement des besoins impérieux en matière de logement, et nous projetons que 2,6 millions de ménages en auront d’ici 2027», écrivait le directeur pa…

On Wednesday (April 16), the Bank of Canada announced that it would keep its key policy rate unchanged at 2.75%. Real estate watchers said that the central bank's interest rate cut is likely to keep the sluggish real estate market in a sluggish state.

"The state of the real estate market should not change much with this maintenance of rates." The post Bank of Canada: status quo for a slow-moving real estate market appeared first on Les Affaires.

Rate hold means status quo for Canada's struggling housing market: experts - Mortgage Rates & Mortgage Broker News in Canada

Real estate watchers say the Bank of Canada's decision to hold its key policy rate steady at 2.75% will likely keep a sluggish housing market at the status quo.