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home / news releases / EWC - Could Potential Rate Hikes In 2022 Cool The Red-Hot Canadian Housing Market?

EWC - Could Potential Rate Hikes In 2022 Cool The Red-Hot Canadian Housing Market?

iShares MSCI Canada Index Fund
  • Sondhi: There is a lack of supply for housing in Canada is due to very strong demand.
  • Sondhi: The strong monthly gain in October signals that buyers are pulling forward in advance of rate hikes by Bank of Canada.
  • Sondhi: We think it's going to be a healthy year for Canadian home sales next year because the macroeconomic backdrop is quite supportive.

For further details see:

Could Potential Rate Hikes In 2022 Cool The Red-Hot Canadian Housing Market?
Stock Information
Company Name: iShares MSCI Canada Index Fund
Stock Symbol: EWC
Market: NYSE
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