Sunday Aug 17th, 2025 Share
Andre Smit's Real Estate Round-up
Hi Folks,
So the Bank of Canada has once again held their official interest rate steady at 2.75%. There is still some optimism that they will decrease the rate by .25 at their next rate meeting in September.
Total actual real estate unit sales in July decreased by 2.2% from June, while new listings decreased by 11.2% over the same period.
As a result, the ratio between actual sales and new listings, increased to 34.6% from 31.5%, last month. We are still...
