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Tag Archives: Interest rates Canada

High interest rates are slowing homebuilding, but the worst is yet to come – National

Homebuilding in Canada is slowing down just as policymakers are trying to pick up the pace. The rapid surge in interest rates over the last year is starting to throttle the pace of homebuilding, the Canada Mortgage and Housing Corp. (CMHC) warned in a new housing supply report Wednesday. As …

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