Real estate activity remains muted in face of steep rate hikes

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Real estate activity remains muted in face of steep rate hikes Via _ScottLaurie

The slowdown comes as most economists predict another major move by the Bank of Canada on Sept. 7.From our newsroom to your inbox at noon, the latest headlines, stories, opinion and photos from the Toronto Sun.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.

It is unclear exactly how many Canadians hold variable mortgage rates, which rise as the central bank hikes.

 

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