Rate Cut Again: Can Housing Survive This?

Slide 1:
BoC rate ↓ 25 bps, ninth cut since May 2024.

Slide 2:
Rate trims buy time, yet falling home prices and high debt still loom large.

Slide 3:
Unemployment climbs, GDP growth slows — Canada faces tough economic transition and rising risks.

Slide 4:
Household debt is sky-high, leaving little room for borrowing to boost the economy.

Slide 5:
Housing bubble bursts quietly while policy rate cuts can’t fix domestic financial instability.