The BoC is set to lower their overnight rate yet again this September. Will it jumpstart the market? Will home sales and prices accelerate? Or will real estate prices continue to drop?

In today's video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses the upcoming expected BoC rate cut in September and his opinion on how this will impact buyers, sellers and mortgage borrowers.

What do you think? What impact will a September rate cut have on the real estate market?

Are you considering making a move and looking for more specific advice on your property?
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If you are looking for help or have any questions regarding real estate in Surrey, B.C. or the Fraser Valley, please reach out below using which ever way is most convenient. We also service real estate sales Langley, Delta, White Rock, Abbotsford, Mission, and more Greater Vancouver Cities.
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The opinions expressed herein are solely that of Steve Karrasch PREC and not Macdonald Realty or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.

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