The Bank of Canada has reduced its policy rate by 25 basis points to 2.75%, signaling a key shift in the real estate market. Canada’s economy remains strong, but trade tensions and rising inflation could impact buyer confidence in the coming months. The labour market is showing signs of slowing, and inflation is expected to rise to 2.5% by March, potentially leading to shifts in market demand.
Sellers—this is your chance to capitalize on strong buyer demand before economic uncertainty affects the market. Lower interest rates are fueling home purchases, but as inflation rises, affordability may change. Now is the time to maximize your home’s value.
Buyers & Investors—lower borrowing costs make real estate more attractive, but future price trends remain uncertain. Making a move now could mean securing a better deal before market conditions shift.
Thinking about selling? Let’s strategize your next steps and ensure you get top dollar for your home! Call me today.
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