Posthaste: Housing market faces 'bumpy' road amid high interest rates, RBC says

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Posthaste: Housing market faces 'bumpy' road amid high interest rates, RBC says
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The Bank of Canada\u0027s latest interest rate hikes put the brakes on the housing market rebound in many cities, RBC says. Find out more.

appear to have put the brakes on the housing market rebound in many cities and the road ahead for further recovery is expected to be rocky, say economists at the Royal Bank of Canada.

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Balance Returns To Major Housing Markets, But Recovery Will Be 'Bumpy'The interest rate hikes are having an effect, bringing some balance back to many markets. The road to recovery, however, looks bumpy. RBC | realestatenews realestate realestatemarkets interestrate housing housingmarket Canada
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Canadian Armed Forces to phase out old housing benefit over three yearsCanadian Armed Forces to phase out old housing benefit over three yearsThe Armed Forces announced plans in March to create a new housing allowance that is based on salary, rather than where a soldier is posted
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