New Rate Announcement December 2024
(Bloomberg) — The Bank of Canada made its second straight outsize cut in interest rates and signalled policymakers are ready to slow down monetary easing. Officials led by Governor Tiff Macklem lowered
(Bloomberg) — The Bank of Canada made its second straight outsize cut in interest rates and signalled policymakers are ready to slow down monetary easing. Officials led by Governor Tiff Macklem lowered
Jenna Benchetrit · CBC News · Posted: Oct 23, 2024 9:50 AM EDT | Last Updated: 19 minutes ago Bank of Canada cuts key interest rate by half point for first time since COVID-19
Warehouse and Office space for Lease Assignment in Toronto. Air Conditioned Office Area. 2 Truck Level Docks with space for 53′ trailers. No manufacturing or automotive uses. Sub Lease for
The Bank of Canada announced Wednesday that it is cutting its key interest rate by a quarter of a percentage point to 4.25 per cent; the third straight 25-basis-point cut
Market Updates from Durham, Toronto and Waterloo Region. Longer Days on market and a larger proportion of homes being sold at or UNDER asking is the theme. How do you
TRREB: Buyer Activity Increases Slightly in July TORONTO, ONTARIO, August 6, 2024 – Greater Toronto Area (GTA) home sales in July 2024 were up compared to July 2023. While sales
May home sales continued at low levels, especially in comparison to last spring’s short-lived pick-up in market activity. Home buyers are still waiting for relief on the mortgage rate front. Existing homeowners are anticipating an uptick in demand, as evidenced by a year-over-year increase in new listings. With more choice compared to a year ago, buyers benefitted from more negotiating room on prices.
The Bank of Canada cut interest rates by a quarter of a percentage point, making it the first Group of Seven central bank to kick off an easing cycle.
April 2024 home sales were down in comparison to April 2023, when there was a temporary resurgence in market activity. New listings were up strongly year-over-year, which meant there was increased choice for home buyers and little movement in the average selling price compared to last year.
Buying a house is a big deal for many of us. Owning a home is the ultimate symbol of personal success. It’s the reward for years of hard work, smart planning, and sticking to your financial goals. It means finally having a space that’s all yours—a place where you can kick back, grow, and make countless memories. But the thrill of chasing homeownership comes with its share of surprises, from the rollercoaster of market prices to figuring out loans and sifting through a mountain of paperwork.
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