#canadianrealestate #canadarealestate #bankofcanada
Canada’s real estate market continued to slow in July, but the CREA is predicting that the Bank of Canada’s rate cuts will lead to a “Slam Dunk” resurgence in 2025.
Links:
Fledgling Canadian Housing Market Momentum Hits Pause in July:
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Canadian Home Sales See Little Change From June to July:
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Fledgling Canadian Housing Market Momentum Hits Pause in July:
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Bank of Canada is now less concerned rate cuts will drive up home prices:
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The CPI for July will be released on August 20:
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Toronto home sales drop in July as buyers remain unmotivated:
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Policy interest rate:
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Market Participants Survey—Second Quarter of 2024:
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Hints of Active Spring Market in March Housing Data:
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CREA Forecasts Rebound in Residential Property Sales:
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Canadian housing heating up again heading into 2022:
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Real estate insolvencies in Canada set to surpass levels of global financial crisis:
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Summary of Governing Council deliberations: Fixed announcement date of July 24, 2024:
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Canada’s ‘coiled up’ housing market to see rebound year, with price gains into 2025, CREA predicts:
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Mark Mitchell – Mortgage Broker London Ontario
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Phone: (519)860-2102 (Call or Text)
MarkMitchell@LondonOntarioMortgages.ca
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Broker Lic: M16001479
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