RICHMOND AND GREATER VANCOUVER REAL ESTATE NEWS

How the Bank of Canada’s Final Rate Cut of 2024 Could Shape Buyer Sentiment in 2025

How the Bank of Canada’s Final Rate Cut of 2024 Could Shape Buyer Sentiment in 2025

Michael Cowling
Published on: 17/12/2024

The Bank of Canada's recent interest rate cut is expected to boost homebuyer activity in 2025. Learn how lower borrowing costs, pent-up demand, and new mortgage rules will impact the Canadian housing market, including increased competition and potential price growth.

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National average home prices expected to Increase by 5% in 2025: RE/MAX

National average home prices expected to Increase by 5% in 2025: RE/MAX

Michael Cowling
Published on: 28/11/2024

Canada's housing market is poised for growth in 2025, driven by increased demand and limited supply. Learn how factors like interest rate cuts, mortgage rule changes, and regional market dynamics will shape the year ahead. Discover insights into buyer demographics, affordability challenges, and the outlook for various regions across Canada.

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