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June interest rate cut didn’t revive Canada’s housing market, data shows

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June interest rate cut didn’t revive Canada’s housing market, data shows

July 11, 2024

Despite fears that June’s interest rate cut by the Bank of Canada would juice the housing market, the latest data shows that it wasn’t enough to ignite a flurry of activity… yet. Anne Gaviola has more on what it might take to revive real estate.

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