by The Canadian Real Estate Investor Podcast | Oct 23, 2024 | Columnists, News
This morning, the Bank of Canada (BoC) surprised the market by announcing a 50 basis point (bps) cut in its benchmark interest rate, bringing it down from 4.25 per cent to 3.75 per cent. As homeowners and potential buyers digest this news, the primary question on many...
by The Canadian Real Estate Investor Podcast | Oct 22, 2024 | Boards & Associations, News
The Canadian Real Estate Association (CREA) released its quarterly forecast on October 15 and, as it turns out, it’s a mixed bag. There’s cautious optimism as national home sales are expected to see a modest recovery, and interest rates are forecasted to drop...
by The Canadian Real Estate Investor Podcast | Oct 4, 2024 | Boards & Associations, Columnists
The stalemate continues between buyers and sellers in Toronto’s real estate market this month. It’s easy to get excited because sales are up from last year — but let’s remember that last year was an exceptionally bad year. In the broader view, the fall market has been...
by The Canadian Real Estate Investor Podcast | Sep 20, 2024 | Boards & Associations, Columnists
There’s an interesting pattern emerging in Canadian real estate: ever since the Bank of Canada’s first rate cut, home sales have increased as buyers get improved affordability, though still well below the long-term average. Price recovery is still yet to be found, and...
