Experts predicting interest rates to increase next year.

RBC Economics published its latest Canadian housing market forecast last week.

It calls for activity to ease as interest rates rise next year, but it sees little chance of a severe correction.  RBC predicts that the Bank of Canada will begin to raise interest rates in the second half of next year and that the total increase by the end  of the year will range between 75 and 125 basis points.

Read more...  www.rbc.com.economics/economic-reports