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BoC cuts rates by quarter point, says tariffs would test economy’s resilience
The Bank of Canada cut rates by a quarter point on Wednesday and said it’s watching developments on tariffs.
Home sales rise 5.2% in 2024, still down from peak
CREA is calling for a ‘significant unleashing of demand in the spring of 2025,’ but for now, Canadian home sales remain below the 2021 peak.