Negative Interest Rates and their effect on Canadian homes

Negative Interest Rates' Impact on Housing

There has been a lot of talk and some controversy about the recent news that Canada’s central bank is open to the possibility of negative interest rates. Financial industry professionals have been panicking and making many different statements about this possibility. If you don’t know what negative interest rates exactly mean, don’t worry, as we will be explaining that. What interests us the most is the effect negative interest rates can have on the local housing market. Continue reading