Скачать или смотреть Bank of Canada Reduces Policy Rate by 50 Basis Points to 3.25% | Susan Moffat, REALTOR®

Bank of Canada cuts rates again! 📉🏡

The Bank of Canada has announced its fifth consecutive rate cut, lowering the policy rate by 50 basis points to 3.25%. This significant move aims to stimulate economic growth and maintain inflation near the 2% target.

Key Points:
✔️ New Policy Rate: Reduced to 3.25% from 3.75%
✔️ Inflation Status: Currently at 2%, matching the bank's target
✔️ Economic Context: GDP growth in Q3 was 1%, slightly below projections
✔️ Labour Market: Unemployment rate rose to 6.8% in November

What This Could Mean for You:
🏡 Potential Mortgage Savings: Lower rates could reduce borrowing costs
💰 Increased Buying Power: More affordable lending environment
🏦 Investment Opportunities: Favourable conditions for real estate investors

The Bank of Canada continues to balance economic growth and inflation, signaling a cautious approach to monetary policy. With additional potential rate cuts anticipated in 2025, the real estate market may see continued opportunities.

What’s Next?
📆 The Bank of Canada’s next rate announcement and Monetary Policy Report is scheduled for January 29, 2025. Follow my page for more real estate news and information!

Whether you're a homeowner, prospective buyer, or real estate investor, understanding these market changes is crucial. As your trusted REALTOR®, I'm here to help you navigate these shifts and make informed decisions! 🤝💬 Call, text, email, or DM me to chat about how this announcement affects your real estate plans!

Share your thoughts on this announcement below. 👇

For more information, contact:

Susan Moffat | REALTOR®
📲 519.377.5154
📧 [email protected]
🖥 susanmoffat.com
🏢 Century 21 In-Studio Realty Inc., Brokerage

Not intended to solicit parties under contract.


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