Will latest Bank of Canada rate cut boost the housing market? Analysts weigh in

The Bank of Canada announced today that it will lower its key overnight rate by 50 basis points to 3.25 per cent, marking its fifth consecutive interest rate cut and the second "jumbo" cut in a row. The move is expected to provide significant relief to the housing market, easing borrowing costs and stimulating demand in a time of slowing GDP growth and persistent global uncertainties. Read More