Rate hikes could be 'significant headwind' for housing: Macquarie - BNN

Macquarie Group said the Canadian housing market is facing “significant headwinds” if the Bank of Canada does indeed increase its benchmark interest rate by another one-and-a-half per cent.

Macquarie Group Head of Economics David Doyle said the Canadian housing market is facing significant headwinds if the Bank of Canada does indeed increase its benchmark interest rate by another one-an… [+1765 chars]

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