'Market sentiment has been buoyed by the prospect of Bank of Canada rate cuts and helped by a drop in fixed mortgage rates,' he wrote, though he noted that the markets now expect the central bank to start cutting the interest rate mid-year not in time for the spring.
'Trends suggest a market that is starting to turn a corner but is still working through the weakness of the last two years,' says CREA senior economist Shaun Cathcart.
[
add
]
[
|
|
...
]