WHAT RBC ECONOMIST SAYS ABOUT INTEREST RATE HIKE AND REAL ESTATE MARKET!

Hikes to the Bank of Canada’s overnight rate are likely to have a “cooling impact” on Canada’s housing market, according to a senior Royal Bank of Canada (RBC) economist, with house prices potentially set to moderate substantially by the end of 2022. # SANDI HALPERN # SOLD # LEASED # REAL ESTATE # INTEREST RATE HIKE