Rate cut wont help Toronto spring housing market: Experts [Video]

Canadian Economy and Markets

Post author By Curator
Post date March 12, 2025

Buyers are likely to stay on the sidelines despite the Bank of Canada’s 25-basis-point drop to its key rate Wednesday.

Andrew Francis Wallace Toronto S

The Bank of Canada cut its key interest rate for the seventh consecutive time, providing relief for variable-rate mortgage holders, but it won’t be enough to get a flood of homebuyers back into the spring market, experts say.

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Article was updated Mar 11, 2025
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Article was updated Mar 11, 2025
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