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* **RAM:** Ensure you have sufficient RAM (8GB or more is recommended).
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First and foremost, **interest rates** are still a dominant force. The Bank of Canada's decisions on interest rates will have a massive impact. If they hold steady or lower rates, it might keep the market relatively stable. However, if they increase rates further to combat inflation, it could add more downward pressure on prices. We need to watch the BoC's moves closely throughout the year. The higher the rates, the more expensive mortgages become, which could cool off demand.
