
Lower Lending Rates: A Game-Changer for Buyers and Sellers
June 7th, 2024
I am quite optimistic about the effects of the Bank of Canada's interest rate cut on the real estate market. Lower interest rates generally stimulate both demand and supply in the housing market, benefiting both buyers and sellers. Developers also stand to gain, as lower borrowing costs make it more feasible to initiate new projects. In terms of a broader economic impact, a thriving real esta ...