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National

Bank of Canada trims 50 BPS, takes interest rate to 3.25%

Tyler Choi Government policy Government Ottawa Dec. 11 2024

UPDATED: The fifth consecutive rate cut by the Bank of Canada (BoC), 50 BPS to an overnight interest rate of 3.25 per cent, will likely stimulate homebuying in 2025. But real estate industry insiders expect many condo buyers to remain on the sidelines - for now. 

Royal LePage forecasts strong housing market in 2025

John Dujay Market reports Buying and selling National Dec. 6 2024

Next year looks to be a great one for the home-building industry as buyers are expected to return and prices are set to rise - dramatically in some cases - according to a 2025 market forecast by Royal Lepage.

Industry Events