Canada's housing market: Will speculation of lower interest rates lead to a spring boom?

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Added 2 months ago by XaniaNews

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Canada’s housing market stagnated in fall 2023 — not a surprise with high interest rates and the end of buying season.

With lending rates holding at five per cent since last summer, many have speculated the cost of borrowing will decline in the months ahead. At the same time, declining rates could push prices through the roof once again.

Global’s Steve Autio hears from experts on what they expect Canada’s spring housing market could look like.

For more info, please go to https://globalnews.ca/news/10313590/spring-market-kickoff/

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Category: News and politics
Tags: global news, Canada real estate, Canada interest rates

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