A hold is better than an increase and we are happy to see it 🙌🏼 The Bank of Canada has decided to hold the key interest rate at 5% again, saying it’s still too soon for rate cuts.
Slow improvements with inflation & interest rates are helping build back buyers confidence! Prices are still going up across the GTA, Durham Region, Northumberland County & surrounding areas, but there haven’t been any drastic jumps overall 😅
With fixed rates being as low as 4.88% (in select cases), we’ll continue to see the demand increase. Want to know more? Give us a call & we’d love to discuss further 📞
