Canada’s Economy Is Reshaping — and the Bank of Canada Knows It
Rate Cuts and a Turning Point: Is Canada’s Housing Market Ready to Rebound?
Here is your weekly update on what is going on in the real estate market. From localized announcements to international trends, stay in the know about what is going on all things real estate.
The Bank of Canada’s Latest Move Might Change Everything for Buyers
The Bank of Canada just made its fourth rate cut of the year, but what’s really driving it? In this week’s update, we break down the latest move from the Bank, what it says about inflation, jobs, and trade tensions, and what it could mean for Canada’s housing market heading into November.
With interest rates in a good place, what can we expect for real estate?
Financial Post
After years of FOMO-driven bidding wars, Canada’s housing market has shifted to FOGI, fear of getting in, as buyers face high prices and cautious sentiment. But with the Bank of Canada’s latest rate cuts bringing borrowing costs to their lowest point in years, momentum may finally be turning. Affordability remains a challenge, yet the path forward looks a little more hopeful.
Banks cut prime rates following Bank of Canada's lead
Financial Post
Royal Bank of Canada, TD Canada Trust,Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Desjardins Group, Laurentian Bank of Canada, Bank of Nova Scotia and Equitable Bank followed the lead of the Bank of Canada Wednesday and cut their prime rates by 25 basis points.
Need a break from real estate news? See why people love living here! Check out some upcoming events and activities happening in the Bay of Quinte and Prince Edward County region!
Belleville Arts Festival – Collaborative Exhibition
Holiday Open House with Exclusive Invites and DecorChic Living
Celebrate the season at the Sommerville Centre’s Holiday Open House, where visitors can explore festive décor, unique gifts, and local finds while enjoying the region’s Christmas tours and markets. The event runs Friday, November 7 from 10:00 a.m. to 5:00 p.m. and Saturday, November 8 from 10:00 a.m. to 4:00 p.m.
What Makes The Kehoe Group Your Best Choice to Sell Your Home?
Our business is built on delivering results through smart strategy, professional marketing, and expert negotiation. We provide the insight and service needed to sell your property, always with honesty, integrity, and exceptional care.
Bay of Quinte & Prince Edward County Real Estate Blog
