The Bank of Canada opted to hold its key policy interest rate steady at 2.75% on Wednesday, following seven straight rate cuts. With an intensifying U.S. trade war threatening the economy, many in the real estate industry were surprised that the bank didn’t continue to cut interest rates.
Bank of Canada’s rate-cut pause shows it is less focused on rescuing the real estate market
Latest Monetary Policy Report had the fewest references to housing in five years
By Carl Gomez
CoStar Analytics
April 16, 2025 | 8:28 P.M.
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