Despite murmurings from local real estate boards that last month’s interest rate cut was largely inconsequential for housing, the Canadian Real Estate Association (CREA) is reporting "signs of renewed life" in their June statistics report.“It wasn’t a ‘blow the doors off’ month by any means,” says S...| Storeys
Are the recent rate cuts enough to breathe new life into the GTA market?| STOREYS
As we move closer to the next Bank of Canada (BoC) interest rate announcement, experts with the ‘Big Five’ banks are busy parsing through the latest economic data to give their best bets on rate cuts, or holds, to come. Governing Council has given next to no indication on what their next moves will ...| STOREYS
It took a minute, but it seems that interest rate cuts are beginning to show up in Toronto’s housing market. The latest figures from the Toronto Regional Real Estate Board (TRREB), released Tuesday morning, show that there were 5,391 home sales recorded over the course of July, marking a 3.3% increa...| STOREYS