Renx Homes News Canada (RENXHOMES)
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National

BoC cuts prime rate to 2.25%, but it's no panacea for real estate

Tyler Choi Government policy Interest Rates National 2 days ago

UPDATED WITH QUOTES: The Bank of Canada has cut its overnight interest rate 25 bps to 2.25 per cent. While it's a move welcomed by the real estate and development industry, it's not a panacea for the housing sector.

A pre-construction housing market recovery is under way

Barbara Lawlor Residential Affordable Housing National 3 days ago

Despite the doom-and-gloom media pronouncing obituaries for our housing market in Canada, the big picture hints at a welcome recovery to come. Real estate is a desirable asset that goes in cycles and after a low, it always comes back.

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RENXHOMES
RENXHomes • Renx Homes News Canada
 P.O. Box 1484, Stn. B
Ottawa, Ontario,
K1P 5P6
Canada: 1-855-569-6300
Ottawa: 613-569-6300
Email: thankyou@renxhomes.ca
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