Will the pause on the interest rate drive up Canadian housing prices?

Even before the Bank of Canada formalized its decision to pause interest rate changes on Wednesday – it all but telegraphed the move after a quarter-point hike in late January – some housing markets in the country were already showing signs of life following a pronounced downturn in 2022. Anne Gaviola reports on how the interest rate pause has impacted the market so far, and why experts don’t agree on what’s to come.