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Tag Archives: CIBC

CIBC: Housing market slowdown looming amid economic malaise

Optimism towards the Canadian housing sector’s prospects has been mounting, but the market should not count out the impact of the lingering economic lethargy brought about by COVID-19, according to Benjamin Tal, deputy chief economist at CIBC. Tal said that historically low interest rates are driving “the most housing-friendly-recession ever,” but economic drag will soon push [&hellip…

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