• 11/29/2024

Bank of Canada Likely Thrilled With Housing Market Data

Wall Street Journal

The initial interest rate cut by the Bank of Canada is having limited impact on the housing market, based on rather lackluster existing-home sales data for June, BMO Capital Markets economist Robert Kavcic says.

https://www.wsj.com/articles/bank-of-canada-likely-thrilled-with-housing-market-data-2df0ad7e