The Bank of Canada held its benchmark interest rate steady on Wednesday — a decision real estate players and economists say will have major implications for the Canadian housing market. After all, most market watchers point to the central bank’s aggressive interest rate hikes over the last year as driving the slowdown from the pandemic-era highs seen a year ago to the calmer real estate waters seen in many cities across Canada today. The decision to hold interest rates steady could mean the bottom of the housing correction is in sight, experts say — but the uncertainty of future rate hikes still looms over ... (full story)