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Bank of Canada Raising Rates Can Drop Real Estate Sales Over 50%: BCREA

January 21, 2022

Canada’s central bank is preparing to raise rates, and everyone is trying to guess what this means. The BC Real Estate Association (BCREA) is the latest to forecast the impact of a rising overnight rate. If the Bank of Canada (BoC) hikes as expected, BC home sales will see a modest decline. Home sales are […]

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