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Home prices sputter despite friendly interest rate regime
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Home prices sputter despite friendly interest rate regime
Despite a relatively friendly interest rate environment, the Canadian housing market continued to sputter throughout the spring — and into the summer. This trend deviates from previous cycles; lower rates have consistently sparked more home sales and higher prices in past years. “With interest rates low and stable for some time now, a broader market turnaround may have been expected, but it seems that economic uncertainty is keeping more homebuy…
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