Friday Feb 7th, 2025 Share
Andre Smit's Real Estate Round-up
Hi Folks,
So the Bank of Canada once again reduced its overnight lending rate by .25% down to 3% at the end of January. The consensus among the majority of banking economists, is that the bank will make 2 more .25% reductions before it pauses reductions, later this year.
There is no doubt that there are many buyers sitting on the sidelines waiting for the right time to jump into the market! I will address this phenomenon later when I look at the market prospects for 2025.
The...
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