Canada
B.C. housing starts, sales should increase after interest rate cut: experts
Bank of Canada lowers interest rate by 0.25 per cent to 4.75 per cent
Bank of Canada lowers interest rate by 0.25 per cent to 4.75 per cent
B.C. economists predict today’s cut in a key interest rate will stimulate both the construction and sale of housing.
But they are also tempering expectations.
The Bank of Canada We... [4025 chars]