When Will Interest Rates Go Down ?
The Canadian Real Estate InvestorNovember 21, 2023
143
00:51:1947.03 MB

When Will Interest Rates Go Down ?

This is literally the question everyone is asking at the moment, we do a deep dive. 

  • Are we in a recession ? What are the economist saying.. 
  • Statistics Canada reported that the housing market contributed more to the gross domestic product, totalling approximately $267 billion.
  • If inflation reaches the target of 2-3%, the Bank of Canada would feel comfortable to cautiously reduce interest rates slowly to see how it impacts that inflation.

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