interest rates
How the Bank of Canada Interest Rate Cuts Can Affect You as a Homebuyer or Homeowner
On October 23rd the Bank of Canada (BoC) cut interest rates to 3.75% and it’s more than just a headline in the financial news. For homebuyers and homeowners alike, a rate cut can significantly impact their financial decisions and the cost of owning a home.…
Bank of Canada Cuts Interest Rates Again: What It Means for the Economy
On July 24, 2024, the Bank of Canada announced another reduction in its target for the overnight lending rate, lowering it from 4.75% to 4.5%. This move, widely anticipated by financial markets, marks the second rate cut since the onset of the pandemic four years…
Real Estate Stats in Perspective
The Real Estate demand in Calgary and surrounding cities remains very strong! The main question I am being asked is always, how is the market doing since all the interest increases? To answer this question, I have put a chart together from January 2022 to…