Canada’s housing market a ‘coiled spring’ as its waits on Bank of Canada for interest-rate clarity

Canada's housing market is poised for a rebound as the Bank of Canada is expected to hold its key interest rate steady. Economists predict a gradual increase in activity, especially in Ontario and B.C. Buyers are waiting for interest rate cuts before returning to the market. Affordability remains a concern in major cities like Toronto, Vancouver, and Montreal.

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