The Bank of Canada is taking a closer look at mortgage renewals and housing supply with its new Prima forecasting model. By sharpening the focus in these areas, the Bank aims to improve how it predicts inflation and responds to economic changes at home and abroad. As a Homelife Higher Standards Sales Representative, I always keep an eye on these shifts—they shape the landscape for homeowners and buyers alike. Understanding how policy decisions connect to your real estate journey helps me provide guidance that’s informed and reliable, every step of the way.
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