Calgary Housing Market Unfazed by Bank of Canada Interest Rate Hold
A recent Bank of Canada interest rate decision may not have a significant impact on Calgary's housing market, according to a local realtor. The Bank of Canada recently announced that it is holding its benchmark interest rate steady at 4.75%. This move was seen as a sign that the economy is slowing down and inflation is under control.
Realtor [no name mentioned] believes that Calgary's housing market will not be significantly affected by this decision. According to them, 'it should not have too much of an impact on the Calgary market.'