Steady Interest Rates Keep Focus on Canada’s Housing Market

The Bank of Canada’s latest interest rate decision sparked fresh discussion on the outlook for borrowers and the housing market.

Mortgage expert Robby Aurora of Mortgage Connection told host Rishi Nagar that although the central bank held its key rate unchanged, many Canadians are still grappling with the impact of previous hikes.

Aurora said Calgary’s housing demand remains strong, with low inventory keeping prices steady. He advised homeowners and buyers to reassess their mortgage strategies as economic conditions evolve.