Is this the Last Interest Rate Hike From The Bank of Canada? - The Loonie Hour #067 - Steve Saretsky

Steve
Saretsky

DATE

2023
- 04
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2022
- 12
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2021
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Is this the Last Interest Rate Hike From The Bank of Canada? – The Loonie Hour #067

Mohit Chawla -

January 22, 2023

National house prices continued their slide in December and are now down 17% since peaking. Inflation continues to fall but businesses don’t believe we will see 2% inflation anytime soon. Twinkie bets are out, the Bank of Canada is poised for a rate hike next week. Investors are lining up to withdraw nearly $20B worth of funds from private Real Estate.

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The views expressed are those of the author, Steve Saretsky, an Oakwyn Realty REALTOR®, and do not necessarily reflect those of Oakwyn Realty. It is provided as a general source of information only and should not be considered personal investment advice or a solicitation.