Canada’s housing market is already seeing the impact of falling interest rates, with nearly half of Canadians telling a new survey that they are planning to buy a home in the next five years and more than 15 per cent saying cheaper mortgage rates will allow them to make the purchase sooner than expected.
http://www.theglobeandmail.com/report-on-business/economy/housing/canadians-set-to-jump-on-homebuyer-bandwagon-amid-lower-rates/article22717699/