All eyes on interest rate announcement as Ottawa's 'hesitant' home market hits lull
As the Bank of Canada prepares to make another interest rate announcement Wednesday, homebuyers, sellers and industry watchers alike are keeping a wary eye on Ottawa's "hesitant" real estate market.
![All eyes on interest rate announcement as Ottawa's 'hesitant' home market hits lull](https://i.cbc.ca/1.6801192.1687186260!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_620/vancouver-home-sales-20200402.jpg)
![The price of single-family homes nearly doubled in the last four to five years in London. A for sale sign is in focus staked into a lawn with what appears to be a single-family home blurred in the background.](https://i.cbc.ca/1.6801192.1687186260!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_620/vancouver-home-sales-20200402.jpg)
As the Bank of Canada prepares to make another interest rate announcement Wednesday, homebuyers, sellers and industry watchers alike are keeping a wary eye on Ottawa's "hesitant" real estate market.