Canada's red-hot housing markets hint at cooldown as higher rates, inflation bite

Record-low mortgage rates helped propel Canadian home prices 52 per cent higher over the past two years. But as fixed mortgage rates rip higher alongside surging bond yields and variable rates climb following the Bank of Canada’s first hike in three years, demand is cooling.
Source: ctv business
Canada’s red-hot housing markets hint at cooldown as higher rates, inflation bite