Canada's housing market may not see a significant spring surge due to affordability concerns and steady interest rates.

Canada's housing market may not see a significant surge this spring due to affordability and cost of living concerns. The Bank of Canada's key interest rate has been held steady, with uncertainty about future rate changes potentially keeping buyers cautious. Economists expect a coiled spring effect, as pent-up demand and interest rate cuts could eventually drive a spike in sales activity and prices.