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Bank of Canada Cuts Rate Again: Key Impact on Real Estate Market

As we navigate this evolving economic landscape, Fifth Avenue Real Estate Marketing Ltd. remains committed to offering guidance and real-time market insights. Whether you’re a buyer, seller, developer or investor, understanding how these changes can affect your real estate plans is crucial. Our team is here to help you make informed decisions that align with […]

Rate Cut: How the July 24th Announcement Impacts Real Estate

On July 24th, 2024, the Bank of Canada announced another welcome interest rate cut of 25 basis points, reducing its target for the overnight rate to 4 ½%, with the Bank rate at 4.75%. As the President and Managing Broker of Fifth Avenue Real Estate Marketing Ltd., Jamie Squires shares her insights on how this […]

Lowering Rates: A New Chapter for the 2024 Real Estate Market

On June 5th, 2024, the Bank of Canada announced a surprising but welcome interest rate cut of 25 basis points, reducing its target for the overnight rate to 4 ¾, with the Bank rate at 5%. As the President and Managing Broker of Fifth Avenue Real Estate Marketing Ltd., Jamie Squires shares her insights on […]