The Bank of Canada has lowered its key interest rate by 25 basis points to 2.75%, signaling changes ahead in the real estate market. Canada’s economy remains strong, but rising trade tensions and inflation concerns could impact buyer confidence in the coming months. The labour market is steady but showing signs of slowing, and inflation is projected to rise to 2.5% by March, which could influence home prices and affordability.
Sellers—with lower interest rates, more buyers are entering the market, making this a great time to list your home before economic shifts affect demand. Act now to secure top dollar while buyers are still actively looking!
Buyers & Investors—lower borrowing costs make real estate more attractive, but rising inflation may impact future price trends. If you're looking to enter the market, now is the time to explore your options.
Thinking about selling? Let’s discuss how today’s rate cut impacts your home’s value and what it means for your next move! Call me today.
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