Rate hikes are cooling Toronto’s real estate market, but some homebuyers feel the chill more than others - Toronto Star

The Bank of Canada is predicted to raise the overnight rate by 0.5 per cent on Wednesday, the latest in a string of hikes to calm inflation.

In its efforts to cool inflation, the Bank of Canada has moved quick to raise interest rates — taking a bite out of housing demand. But while the move will lock many prospective homebuyers out of the… [+7247 chars]

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