Bank of Canada's interest rate cuts intended to spur housing fall market, experts say

Experts say the Bank of Canada’s recent series of interest rate cuts is set to stir up some activity in a relatively sleepy housing market. The Bank of Canada lowered its key interest rate by 25 basis points on Wednesday and opened the door to bigger cuts if the economy slows more sharply in the months ahead. Global's Anne Gaviola has the details. For more info, please go to https://globalnews.ca Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Like Global News on Facebook HERE: http://bit.ly/255GMJQ Follow Global News on X HERE: http://bit.ly/1Toz8mt Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB #GlobalNews #bankofcanada #interestrates2024 #housingmarket