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Prominent figures in the real estate industry have been making the media rounds suggesting that the Bank of Canada’s quarter-point rate cut on June 5th would boost home sales and accelerate prices.
In this week's episode, I look a bit deeper into what the rate cut might mean when assessed against the larger backdrop of economic conditions and explain why I think the impact will not be as pronounced as some are suggesting.
#torontohousing #torontorealestate #torontorealestatemarket
