Let’s be honest: There is a lot of uncertainty in the current Canadian real estate market. Are home prices climbing, rising, or stagnating? Where will mortgage rates be by the end of the year? Will economic...
Bank of Canada reduces policy rate by 25 basis points
Posted on
June 5, 2024
by
Viani Real Estate Group
The Bank of Canada today reduced its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. The Bank is continuing its policy of balance sheet normalization.
The global...
Calgary home sales remain robust despite supply shortages in lower price ranges
Posted on
June 4, 2024
by
Joe Viani Real Estate Group
MAY 2024 HOUSING MARKET UPDATE
June 3, 2024
In a market that continues to show resilience, May saw a total of 3,092 resale home sales. While this figure is nearly one per cent below last year's record high,...
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