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Real Estate

Bank of Canada lowers policy rate to 2½%

Rate Cut: The Bank of Canada reduced its target for the overnight rate by 25 basis points to 2.5%. This marks the first rate cut since July 2024, lowering the Bank Rate to 2.75% and the deposit rate to 2.45%. Economic Outlook: Global economic growth shows signs of slowing after a period of resilience to US tariffs, with cautious US consumers and weakening investment in China. In Canada, the...

Bank of Canada Governor isnt worried about a housing bubble

Bank of Canada Holds Policy Rate At 2.75%

No Rate Cut: The Bank of Canada maintained its target for the overnight rate at 2.75%. This decision reflects ongoing high uncertainty in global trade despite some Canadian economic resilience. Economic Outlook: The global economy has shown reasonable resilience amid trade volatility, with modest growth in the US and Euro area, and China's exports rebalancing. In Canada, after a strong Q1, GDP...

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GTA REALTORS Release May Stats

The Greater Toronto Area (GTA) housing market experienced an improvement in affordability in May 2025 relative to the same period a year earlier. With sales down and listings up, homebuyers took advantage of increased inventory and negotiating power.“Looking at the GTA as a whole, homebuyers have certainly benefited from greater choice and improved affordability this year. However, each neighbourhood...

Toronto region housing prices could rise 5 per cent in 2020

How much Ontario home prices have dropped (or climbed) since the last federal election

Here’s how much Ontario home prices have dropped (or climbed) since the last federal election With Canadians set to go to the polls today, the election has somehow become a little less about domestic issues and more about existential threats–namely tariffs and annexation threats levelled by U.S. President Donald Trump. However, while many Canadians are voting for the candidate they...

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