UPDATED: Uncertainty over U.S. tariffs weighed heavily over the Bank of Canada’s decision to hold the country's overnight interest rate at 2.75 per cent, as the real estate sector keeps a close watch on the rapidly shifting economic situation.
February new home sales in the Greater Toronto Area (GTA) were the lowest on record, plunging 50 per cent from last year and 84 per cent below the 10-year average, according to a homebuilding industry group.
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