Bank of Canada expected a steeper home price decline. Why it could still come
Higher interest rates could lead to a further slowing in Canada's housing market heading into the winter, some economists argue, as the Bank of Canada's key rate remains elevated.
![Bank of Canada expected a steeper home price decline. Why it could still come](https://globalnews.ca/wp-content/uploads/2023/10/bank-of-canada-macklem-rogers.jpeg?quality=85&strip=all#)
Higher interest rates could lead to a further slowing in Canada's housing market heading into the winter, some economists argue, as the Bank of Canada's key rate remains elevated.