Bank of Canada Research Warns Rate Cuts Can Worsen Housing Affordability
A new independent staff study from Canada’s central bank aims to help clarify the impact of low rates on housing. Bank of Canada (BoC) researchers found that supply and demand both get a boost with rate cuts. Demand responds almost immediately, but supply follows nearly two years later. If affordability is the goal, monetary policy […]
The post Bank of Canada Research Warns Rate Cuts Can Worsen Housing Affordability appeared first on Better Dwelling.
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