Bank of Canada lowers key interest rate to 4.5%, delivering back-to-back cuts
Consider a home equity loan to buy a second house for lower interest rates, increased borrowing power, and avoiding mortgage insurance. Manage risks by ensuring financial stability.
Canada's home prices fell in May. Insiders watch for changes following a Bank of Canada rate cut, suggesting now might be an ideal time to invest in preconstruction projects.
Toronto's real estate market is evolving with new high-rise developments and initiatives aimed at increasing affordable housing, shaping a dynamic and inclusive urban future.
The Bank of Canada’s recent rate cut could spark a housing market rebound in Toronto, where May home sales fell 21.7% year-over-year.
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