The bank of Canada held the rate steady 4 consecutive times. Inflation rate came in yesterday lower than expected which is good for the real estate market so we might see a rate drop sooner than later. Transactions are on the rise and prices might be back on the rise and higher by the end of 2024.
If you're curious about what this means for you, feel free to shoot me a text or give me a call at 647-801-6475!
February 21st, 2024
They stated that inflation is somewhat under control but needs it to continue to do its work against inflation.
If you have any questions about navigating this market heading into 2024, feel free to shoot me a text or call me anytime. Have a wonderful day!
January 25th, 2024
Quick Market Recap For December 2022 vs December 2023! Looks like the market is starting with a move with the recent interest rate changes.
If you're curious about what these changes mean to you, feel free to give me a call at 647 801 6475!
January 6th, 2024