Bank of Canada’s rate hike expected to further cool housing market

Econ & Housing

The typical selling price of a home across the country has dropped 9 per cent to $766,000 in September from $840,000 in February, according to CREA data.Eduardo Lima/The Globe and MailCanada’s housing market is expected to slow further with the Bank of Canada’s latest interest rate hike set to increase mortgage costs again.The central bank’s…

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