The Bank of Canada cut its key interest rate to 4.5 per cent
The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday, a decision that holds profound implications for the Canadian real estate market. Lower interest rates typically mean cheaper borrowing costs, which can be a welcome relief for potential homebuyers and investors alike. Let’s d
Vancouver Home Sales Down in May
The number of transactions on the Multiple Listing Service® (MLS®) declined in May compared to what is typical for this time of year in Metro Vancouver. This shift has allowed the inventory of homes available for sale to continue to accumulate with over 13,000 homes now actively listed on the MLS®
Interest Rate Drop 25 Basis Points
The real estate market in Canada has been buzzing lately with news that the Bank of Canada has announced a 25 basis point drop in interest rates. This decision has captured the attention of both potential homebuyers and current homeowners. In this blog post, we will discuss the implications of this
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