💸 Bank of Canada rate cut to spur ‘urgency’ in the real estate market📉
Andy Schildhorn • December 19, 2024
Real estate experts say the latest interest rate cut from the Bank of Canada will spur activity in the new year, leading to markets heating up in the winter months. The Bank of Canada moved to lower its key policy rate Wednesday by 50 basis points to 3.25 per cent.
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The mayors of both Langley City and Township were positive about a change to rules that will mean local homebuilders have to put up less money in advance when starting new construction. Read More
