The report makes a sequence of recommendations — the principle one being for the Bank of Canada to increase interest rates. The Bank of Canada lately acknowledged for the first time that a sudden inflow of buyers is the likely contributor to fast will increase Realtor in housing costs. As CBC News lately reported, traders now make up the biggest segment of house patrons in Ontario; 25 per cent of homes are being snapped up by buyers speculating that costs will solely maintain rising.
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- Rising residence costs are hampering