Bank of Canada says housing affordability is about boosting supply, not lowering interest rates

Bank of Canada says housing affordability is about boosting supply, not lowering interest rates

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Canada's real estate market is notoriously unhinged. Home prices are up more than 35 per cent in just four years. Mortgage interest costs are up 30.9 per cent year over year. And rental prices are continually hitting record highs. As inflation comes under control, there is a growing chorus calling…

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