Story perspectives
Canada's Housing Market Faces Uncertainty Amid Economic Concerns
2/5/2025
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Story summary
- Canada's housing market faces a potential slowdown as economic uncertainty looms and the dollar weakens. Mortgage expert Victor Tran warns that a looming trade war with the US could make buyers hesitant. While lower rates might boost borrowing power, they could also inflate home prices, leaving the market vulnerable to recession-induced stagnation.
