Bank of Canada CHICKENS OUT with Interest Rate Hike Amid Toronto Real Estate Market Crash

Real Estate
Bank of Canada CHICKENS OUT with Interest Rate Hike Amid Toronto Real Estate Market Crash

►►Book A Strategy Call Here:

►►Enjoy Our Curated Real Estate Content? Click Here to Stay Informed:

►► With their latest announcement on October 26, 2022, the Bank of Canada has just raised the interest rate further by another 50 basis points, which is less than what the market was expecting. The market was expecting another 75 basis point interest rate hike to combat rising inflation. However, it seems as though the Bank of Canada has chickened out and did not meet the market’s expectations. There’s speculation that the Canada has eased off on their bomb-dropping interest rate hikes as a result of economic financial woes and recession fears.


So what does this all mean? Is this the turning point for the Bank of Canada? Are they done with interest rate hikes? Will we see more interest rate hikes and if so, how many more? Further, how will all of this affect the Toronto Real Estate Market? Be sure to tune into this episode of Prime Properties TV as I break down the latest interest rate hike announcement I promise you it’ll be worth it!

#TorontoRealEstate #TorontoCondoMarket #TorontoRealEstateMarket #BankofCanada #InterestRates #TorontoHousing

Find Zhen Here:
Book A Call:

Toronto Real Estate, Toronto Real Estate Market, Toronto Condos, Toronto Condo Market, Real Estate Reaction, Toronto Housing, Toronto Housing Prices, Toronto Real Estate Prices, Ontario Housing, Ontario Housing Prices, Ontario Real Estate Prices, Canadian Real Estate, Canadian Real Estate Prices, Canadian Housing, Housing Prices, Real Estate Prices, Housing Market, Real Estate Market, Home Buyers, Toronto Home Buyers, Toronto Real Estate Sellers, Buy Sell Toronto Real Estate, Interest Rate Hike, Canada Interest Rate, Bank of Canada, Crashing Toronto Real Estate Market, Toronto Real Estate Crash, Toronto Housing Crash, Canada Recession, Toronto Recession, Real Estate Crash, Interest Rate Announcement, Bank of Canada Rate Hike


Leave a Reply

Your email address will not be published.