Despite sixteen months of interest-rate cuts by the Bank of Canada, the Canadian housing market has shown little signs of renewed momentum. Home sales and prices have remained largely stagnant across much of the country, with many markets seeing minimal change and overall demand failing to rebound as hoped.  

Economists now caution that further rate cuts are unlikely to provide a meaningful boost. Instead, the market appears locked in a period of uncertainty, with slow migration, tight affordability, and buyer hesitation continuing to suppress activity.

Source: Yahoo Finance