Unlocking homeownership: Why interest rate cuts are not the only key to getting first-time buyers in the door

by Karen Yolevski, COO, Royal LePage Real Estate Services Ltd. | Sep 19, 2024 | Guest Columns

Following the Bank of Canada’s third consecutive cut to the overnight lending rate this year, reducing it by another 25 basis points in September to 4.25 per cent, Canada’s housing market should see an increase in activity this fall and continue into next year. For...