Housing prices in Canada could fall 15 per cent by Dec. 2023 after Bank of Canada rate hikes: report

As the Bank of Canada continues to hike rates in order to curb inflation, housing prices in Canada could fall 15 per cent from its peak by the end of next year, a new report says. The average price of a home in Canada peaked at just over $790,000 in February 2022, marking a 50…