{"id":560,"date":"2024-06-16T10:00:00","date_gmt":"2024-06-16T10:00:00","guid":{"rendered":"https:\/\/www.narumenon.com\/blog\/?p=560"},"modified":"2024-06-16T10:00:00","modified_gmt":"2024-06-16T10:00:00","slug":"canadas-top-banker-says-housing-market-will-wake-up-after-first-rate-cut","status":"publish","type":"post","link":"https:\/\/www.narumenon.com\/blog\/2024\/06\/canadas-top-banker-says-housing-market-will-wake-up-after-first-rate-cut\/","title":{"rendered":"Canada&#8217;s top banker says housing market will &#8216;wake up&#8217; after first rate cut"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>A rate cut by the Bank of Canada may lead to increased activity in the detached housing market, while the condo market remains sluggish. The housing market&#039;s response will depend on inflation levels. Mortgage-holders are advised to focus on shorter-term rates for now. The interest rate is predicted to bottom out in 2025, leading to a healthier housing market. There may be opportunities for condo buyers in the next year.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/streetsoftoronto.com\/canadas-top-banker-interest-rate-cut-housing-market\/\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A rate cut by the Bank of Canada may lead to increased activity in the detached housing market, while the condo market remains sluggish. The housing market&#039;s response will depend on inflation levels. Mortgage-holders are advised to focus on shorter-term rates for now. The interest rate is predicted to bottom out in 2025, leading to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-560","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.narumenon.com\/blog\/wp-json\/wp\/v2\/posts\/560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.narumenon.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.narumenon.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.narumenon.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.narumenon.com\/blog\/wp-json\/wp\/v2\/comments?post=560"}],"version-history":[{"count":1,"href":"https:\/\/www.narumenon.com\/blog\/wp-json\/wp\/v2\/posts\/560\/revisions"}],"predecessor-version":[{"id":564,"href":"https:\/\/www.narumenon.com\/blog\/wp-json\/wp\/v2\/posts\/560\/revisions\/564"}],"wp:attachment":[{"href":"https:\/\/www.narumenon.com\/blog\/wp-json\/wp\/v2\/media?parent=560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.narumenon.com\/blog\/wp-json\/wp\/v2\/categories?post=560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.narumenon.com\/blog\/wp-json\/wp\/v2\/tags?post=560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}