What the latest interest rate cut means for the housing market

Name: What the latest interest rate cut means for the housing market
Uploaded: 2024-11-02T09:09:51.426Z
Duration: 9 min 20 s
Channel: Investor Insights
Description: The Bank of Canada has lowered its key interest rate to 3.75 per cent, making a 50-basis-point cut for the first time since the COVID-19 pandemic. Former Bank of Canada economist Charles St-Arnaud helps break down the latest cut and explain what it might mean for the housing market and the economy at large.

Investor Insights

2 Video Views·Nov 2, 2024

The Bank of Canada has lowered its key interest rate to 3.75 per cent, making a 50-basis-point cut for the first time since the COVID-19 pandemic. Former Bank of Canada economist Charles St-Arnaud helps break down the latest cut and explain what it might mean for the housing market and the economy at large.