Rising interest rates pose risk to Canada’s housing market recovery
Canada’s housing market recovery, especially in its largest cities, could be in danger as mortgage interest rates appear poised to move higher, a new report has found.
National Bank of Canada Capital Markets recently published its Housing Market Monitor report , suggesting rising bond yields are likely to lead to higher mortgage interest rates.
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5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on calgaryherald.com — the content belongs to Calgary Herald.