What does Bank of Canada’s third rate cut mean for the Toronto Real Estate Market?

By: Christine Tetstall

What does Bank of Canada’s third rate cut mean for the Toronto Real Estate Market?

Tags: Finances

  Some believe that the Toronto housing market will see a slowdown in activity with the impact of the COVID-19 pandemic. That being said, the Bank of Canada has been taking considerable measures to withstand the disruptions in the financial markets and economy. Bank of Canada made an announcement yesterday that the overnight rate was cut to 50 basis points or 0.25%.  What exactly does t...Read More

By: Christine Tetstall

Lethargic Toronto Summer Real Estate Market

Tags: Toronto Housing Market

         Many of my clients have asked me what my opinion is for what lies ahead this summer in the Toronto real estate market. Before taking into account how the new mortgage rules have been impacting the market, it should be noted that the summer months are generally slower to begin with.  This is traditionally the time many people go on vacation or just take a bre...Read More

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