Moments ago, the Bank of Canada trimmed an additional 25 basis points (0.25 percentage points) off of its influential overnight rate, reducing it to 3%.
The latest cut follows five consecutive rate reductions to the central bank’s key policy rate in 2024.
However, the central bank’s latest move was also less aggressive than the previous two jumbo cuts (50 basis points). That lines up with market-watcher expectations for more gradual reductions in interest rates. While inflation has dipped below the BoC’s target, the threat of a trade war with the U.S. has policymakers taking a more cautious approach.
The latest cut follows five consecutive rate reductions to the central bank’s key policy rate in 2024.
However, the central bank’s latest move was also less aggressive than the previous two jumbo cuts (50 basis points). That lines up with market-watcher expectations for more gradual reductions in interest rates. While inflation has dipped below the BoC’s target, the threat of a trade war with the U.S. has policymakers taking a more cautious approach.
National Housing Market Snapshot for in December 2024
Home sales increased by 19.2% across Canada, with 27,643 units sold in December 2024, compared to 23,190 in December 2023.
New listings increased by 10.4% across Canada, with 29,128 new listings added in December 2024, compared to 26,388 in 2023.
The average price of homes sold across Canada in December 2024 was $676,640, an increase of 2.5% from $660,165 in December 2023.
Real Estate Buyers and Sellers:
We are with you from the beginning to the end with a professional team in selling and buying your dream home.
☎️ Ways to contact us via Phone, and Email:
+1 (647) 772-9502
hoizady@yahoo.com
.
Home sales increased by 19.2% across Canada, with 27,643 units sold in December 2024, compared to 23,190 in December 2023.
New listings increased by 10.4% across Canada, with 29,128 new listings added in December 2024, compared to 26,388 in 2023.
The average price of homes sold across Canada in December 2024 was $676,640, an increase of 2.5% from $660,165 in December 2023.
Real Estate Buyers and Sellers:
We are with you from the beginning to the end with a professional team in selling and buying your dream home.
☎️ Ways to contact us via Phone, and Email:
+1 (647) 772-9502
hoizady@yahoo.com
.
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Walmart parking lot February 7, 2025
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𝗧𝗵𝗲 𝗹𝗮𝘁𝗲𝘀𝘁 𝗻𝘂𝗺𝗯𝗲𝗿𝘀 𝗳𝗿𝗼𝗺 𝗧𝗥𝗥𝗘𝗕 𝗮𝗿𝗲 𝗶𝗻! 𝗛𝗲𝗿𝗲'𝘀 𝘄𝗵𝗮𝘁 𝘆𝗼𝘂 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗸𝗻𝗼𝘄:
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𝗕𝘂𝘆𝗲𝗿𝘀 𝗮𝗻𝗱 𝗦𝗲𝗹𝗹𝗲𝗿𝘀 𝗮𝗹𝗶𝗸𝗲 𝗮𝗿𝗲 𝗻𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝗮 𝗱𝘆𝗻𝗮𝗺𝗶𝗰 𝗺𝗮𝗿𝗸𝗲𝘁, 𝗮𝘀 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗹𝗶𝘀𝘁𝗶𝗻𝗴𝘀 𝗽𝗿𝗼𝘃𝗶𝗱𝗲 𝗺𝗼𝗿𝗲 𝗼𝗽𝘁𝗶𝗼𝗻𝘀 𝘄𝗵𝗶𝗹𝗲 𝗽𝗿𝗶𝗰𝗲𝘀 𝘀𝗲𝗲 𝗺𝗼𝗱𝗲𝘀𝘁 𝗴𝗿𝗼𝘄𝘁𝗵!🏡
𝗠𝗼𝗻𝘁𝗵-𝗼𝘃𝗲𝗿-𝗺𝗼𝗻𝘁𝗵 (𝗰𝗼𝗺𝗽𝗮𝗿𝗲𝗱 𝘁𝗼 𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿):
🔼 𝗦𝗮𝗹𝗲𝘀 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱
🔼 𝗡𝗲𝘄 𝗹𝗶𝘀𝘁𝗶𝗻𝗴𝘀 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱
𝗦𝘁𝗮𝘆 𝘁𝘂𝗻𝗲𝗱 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀!
☎️ Ways to contact us via Phone, and Email:
+1 (647) 772-9502
hoizady@yahoo.com
.
𝗧𝗵𝗲 𝗹𝗮𝘁𝗲𝘀𝘁 𝗻𝘂𝗺𝗯𝗲𝗿𝘀 𝗳𝗿𝗼𝗺 𝗧𝗥𝗥𝗘𝗕 𝗮𝗿𝗲 𝗶𝗻! 𝗛𝗲𝗿𝗲'𝘀 𝘄𝗵𝗮𝘁 𝘆𝗼𝘂 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗸𝗻𝗼𝘄:
📉 𝟯,𝟴𝟰𝟳 𝗵𝗼𝗺𝗲𝘀 𝘀𝗼𝗹𝗱, 𝗱𝗼𝘄𝗻 𝟳.𝟵% 𝘆𝗲𝗮𝗿-𝗼𝘃𝗲𝗿-𝘆𝗲𝗮𝗿
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𝗕𝘂𝘆𝗲𝗿𝘀 𝗮𝗻𝗱 𝗦𝗲𝗹𝗹𝗲𝗿𝘀 𝗮𝗹𝗶𝗸𝗲 𝗮𝗿𝗲 𝗻𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝗮 𝗱𝘆𝗻𝗮𝗺𝗶𝗰 𝗺𝗮𝗿𝗸𝗲𝘁, 𝗮𝘀 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗹𝗶𝘀𝘁𝗶𝗻𝗴𝘀 𝗽𝗿𝗼𝘃𝗶𝗱𝗲 𝗺𝗼𝗿𝗲 𝗼𝗽𝘁𝗶𝗼𝗻𝘀 𝘄𝗵𝗶𝗹𝗲 𝗽𝗿𝗶𝗰𝗲𝘀 𝘀𝗲𝗲 𝗺𝗼𝗱𝗲𝘀𝘁 𝗴𝗿𝗼𝘄𝘁𝗵!🏡
𝗠𝗼𝗻𝘁𝗵-𝗼𝘃𝗲𝗿-𝗺𝗼𝗻𝘁𝗵 (𝗰𝗼𝗺𝗽𝗮𝗿𝗲𝗱 𝘁𝗼 𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿):
🔼 𝗦𝗮𝗹𝗲𝘀 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱
🔼 𝗡𝗲𝘄 𝗹𝗶𝘀𝘁𝗶𝗻𝗴𝘀 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱
𝗦𝘁𝗮𝘆 𝘁𝘂𝗻𝗲𝗱 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀!
☎️ Ways to contact us via Phone, and Email:
+1 (647) 772-9502
hoizady@yahoo.com
.