Canada’s housing market is in ‘new normal.’ It looks like the ‘old normal’

Canada’s housing market is in ‘new normal.’ It looks like the ‘old normal’

With the Bank of Canada holding interest rates again, economists and real estate experts say the housing market’s “new normal” may be looking more and more like the “old normal” from before the COVID-19 pandemic. “What we have now with more supply in the market, like more inventory, homes for sale, and this is what I would consider a little bit more — not everywhere in Canada — but generally speaking more return to the old normal before the pand…