In this Prime Properties TV episode, I explain why job losses—not interest rate cuts—signal what’s ahead. Recent layoffs in public administration and banking are just the start. The Bank of Canada may cut rates if unemployment rises, even if inflation stays high. History shows rate cuts amid rising inflation. But falling mortgage rates won’t revive the market if incomes vanish—buyer demand depends on jobs, not just rates. Many overlook this key truth.
Click on the Image Below to Watch the Video
