STOREYS: “The Bank of Canada Still Has Your Back, But It’s Got a Knife In It”: Experts Weigh In On Market Future


Canada’s housing market has yet to hit bottom, industry experts warn, emphasizing the profound impacts that Bank of Canada interest rate hikes will continue to have. During a panel discussion on Tuesday at the Ontario Real Estate Association’s RealiTY conference, David Rosenberg, President and Chief Economist at Rosenberg Research, suggested that Canada is in the early stages of a bear market, attributing a large part of that to the Bank of Canada’s continuing interest rate hikes.

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