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Is Canada’s housing market perking up after interest rate cut?

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There are new signs that Canada’s housing market might be perking up.

The Canadian Real Estate Association (CREA) released an updated housing outlook on Friday, and the numbers were up on a month-over-month basis in June following an interest rate cut.

Mackenzie Gray reports on what it means for expectations around home sales and prices.

For more info, please go to https://globalnews.ca/news/10619399/crea-housing-forecast-2024-2025/

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Category
U.S. & Canada
Tags
global news, canada, housing
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