September 2017

This is how the Bank of Canada’s interest rate hike could impact Vancouver real estate

Posted on Sep 23, 2017

Already coping with limited housing supply and poor affordability, Vancouver may also be one of Canada’s most sensitive markets to higher interest rates.

On Wednesday, the Bank of Canada increased the target for its overnight rate by 25 basis points to one per cent.The overnight rate influences the mortgage market, but the impact is expected to be m...

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