The Bank of Canada Wants A Depressed Housing Market!
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You won't hear this on mainstream news outlets like City News, CTV News, CBC News, and Global News. You won't hear real estate agents or mortgage brokers making these comparisons either.
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Sources
https://www.cbc.ca/news/business/armstrong-bank-of-canada-economy-recession-1.7239779
https://toronto.ctvnews.ca/ontario-man-considers-selling-house-before-mortgage-payments-rise-2-000-even-after-interest-rate-cut-1.6917757
https://www.cnn.com/2024/06/14/business/house-prices-impossibly-unaffordable-intl-hnk?cid=ios_app
https://globalnews.ca/news/10575980/bank-of-canada-rate-cut-deliberations-housing-market-anxieties/
https://x.com/ShaziGoalie/status/1805294322511921358
https://tradingeconomics.com/canada/productivity
#Housingmarket #Bankofcanada #Realestate
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