Rate hike could drag down already slumping housing market
BNN Bloomberg ·
After the Bank of Canada announced its new policy rate of 2.5 per cent, it conceded that the increase could further weigh down a Canadian housing market that’s already expected to shrink by one per cent this year.
Publication and source information
- Platform
- NewsTiVi
- Source
- BNN Bloomberg
- Published
- 10/29/2026, 1:00:00 PM
- Country
- Canada
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