What Wednesday’s interest rate hike means for B.C.’s housing market

Econ & Housing

With interest rates in Canada seeing a hefty bump Wednesday, industry insiders are warning of a potentially bumpy road ahead for those in B.C.’s housing market. The Bank of Canada hiked its key overnight rate by a surprise full point on Wednesday, in a bid to curb surging inflation. It was the fourth consecutive rate…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Products You May Like

Articles You May Like

Lumber Futures – February 21, 2024
Florida couple gets 57-month sentence for plywood duty evasion scheme
Federal Reserve’s Waller Calls for Patience on Rate Cuts Amid Infl…
Market slowing for custom home building
US stocks slip ahead of Nvidia earnings, Fed minutes