by Rick Crouch | Feb 4, 2025 | Economic and Financial News, Real Estate General
The ongoing threat of tariffs on Canadian goods by the Trump administration have raised concerns across many industries and we cannot naively believe that the real estate market will escape unharmed. When economic uncertainty looms, consumer confidence takes a hit,...
by Rick Crouch | Feb 1, 2025 | Economic and Financial News
This past Wednesday, the Bank of Canada (BoC) once again cut it’s prime lending rate by one quarter of one percent to three percent. While this further interest rate reduction will reduce consumer’s borrowing costs for loans, credit cards and yes...
by Rick Crouch | Jan 15, 2025 | 2024 Real Estate Market Updates & Trends, Economic and Financial News, Real Estate General, Real Estate Market Activity, Real Estate Market Report
After the unprecedented, robust real estate market we saw in most area across Canada in 2020 and 2021, the market has clearly shifted to one of balance thereby leveling the playing field for Buyers and Sellers alike. Below, is what you need to know in order to...
by Rick Crouch | Dec 12, 2024 | Economic and Financial News, Real Estate General, Real Estate Market Activity
The Bank of Canada announced on Wednesday a 50-basis-point reduction to its interest rate, bringing it down to 3.25%. This marks the fifth consecutive rate cut since June, as the central bank continues to respond to economic challenges. It is also important to note...
