Tag: economic growth

• Bank of Canada’s Rate Cut: Limited Impact on Real Estate Market

  

  On July 24, 2024, the Bank of Canada lowered its key interest rate by a quarter percentage point to 4.5%. While this move is intended to combat inflation and stimulate economic growth, experts suggest that its immediate impact on the real estate market will be limited. Modest Rate Cut and Market Expectations John Lusink, President…

  Kaleylangille

  July 24, 2024

  Uncategorized

  Adam Jacobs, bank of canada, BMO, Canadian housing market, Colliers Canada, commercial real estate, economic growth, fixed mortgage rates, home buyers, housing market, inflation control, interest rate cut, interest-rates, John Lusink, Karen Yolevski, Leah Zlatkin, LowestRates.ca, mortgage rates, mortgage-rates, Penelope Graham, property market, Ratehub.ca, real estate, real estate market, realtor, Right at Home Realty, Robert Kavcic, Royal LePage, variable mortgage rates, Victor Tran

• Bank of Canada Expected to Cut Rates This Week, Experts Say

  

  The Bank of Canada will announce its latest interest rate decision this Wednesday, with many experts predicting a second consecutive reduction in borrowing costs. Economic Signals and Market Predictions Anticipation is high as the central bank prepares to make its decision, especially with new surveys indicating that many Canadians burdened by debt are hoping for…

  Kaleylangille

  July 23, 2024

  Uncategorized

  bank of canada, Benjamin Reitzes, BMO, borrowing costs, canada housing market, Canadian economy, Canadian mortgages, CD Howe Institute, consumer debt, core inflation, economic growth, economic indicators, economic outlook, economy, financial relief, fixed-rate mortgages, inflation, inflation data, inflation goal, interest rate cut, interest rate decision, interest-rates, Jeremy Kronick, July 2024, MNP Consumer Debt Index, monetary policy, mortgage rates, mortgage-rates, Ontario real estate, Tiff Macklem, variable mortgage payments