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Category: Government policy

GTA new housing sales hit 'rock bottom' record low: BILD

Tyler Choi Government policy Buying and selling Toronto/GTA Mar. 27 2025

February new home sales in the Greater Toronto Area (GTA) were the lowest on record, plunging 50 per cent from last year and 84 per cent below the 10-year average, according to a homebuilding industry group.

Bank of Canada lowers overnight rate 25 BPS to 2.75% amid trade war

Tyler Choi Government policy Government National Mar. 12 2025

UPDATED: The Bank of Canada has trimmed the nation’s overnight interest rate by 25 BPS to 2.75 per cent, offering an additional incentive for aspiring homebuyers during the busy spring season, while also emphasizing its anxiety over a trade war with the U.S.

 

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