Tag: affordability crisis
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![Adjusting to New Norms: Interest Rates and Affordability Reshape the Canadian Housing Market]()
Adjusting to New Norms: Interest Rates and Affordability Reshape the Canadian Housing Market
The Canadian housing market is facing a multifaceted set of challenges that have seen a significant impact on pricing, sales activity, and overall market health. A report from Century 21 Canada highlighted that the country experienced a slight drop in prices due to the Bank of Canada’s interest rate hikes, aimed at fighting inflation. Big…
