interest rate hike

Amidst the Bank of Canada's rate hike, the Canadian housing market saw a significant rebound in May 2023, stoking fears of housing affordability as the demand-supply gap widens.

Canadian Business

Upturn in Canadian Real Estate Market Ramps Up Housing Anxiety

Bouncing Back: The Canadian Housing Market’s Resurgence

June 15, 2023

Amid the Bank of Canada's recent interest rate hike and anticipated subsequent increases, concerns over home affordability have escalated among Canadians, with many potential homebuyers facing an uncertain future in the country's housing market.

General

Rate Hike Amplifies Canadian Home Affordability Fears

The Bank of Canada’s recent decision to raise its benchmark interest rate to 4.75 per cent, the highest level in over two decades, has sent

June 8, 2023