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Unlocking Opportunities: How Canada's Rate Cut Impacts Real Estate
Manage episode 424255036 series 2794891
תוכן מסופק על ידי James Garbutt and Denny Dumas, James Garbutt, and Denny Dumas. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי James Garbutt and Denny Dumas, James Garbutt, and Denny Dumas או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.
The Bank of Canada's recent decision to cut its overnight rate to 4.75% marks the first rate cut in over four years. The BoC indicates a shift in monetary policy aimed at easing financial conditions as inflationary pressures show signs of subsiding. This move is expected to have several implications for the real estate market in Canada.
James and Denny share what they are seeing in today's Vancouver real estate market and offer their predictions on how these rate cuts will affect the market.
This episode will focus on Canada's first interest rate cut, its effects on real estate, cutting because of economic pressure, media headlines and lack of optimism, different home types reacting in different ways, good products moving fast, people holding firm on prices, 3 year fixed vs variable mortgage products, and predictions for the future.
Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel
Email us at [email protected]
James Garbutt [email protected] Instagram: /jamesgarbutt Facebook: /jamesgarbutt
Denny Dumas [email protected] Instagram: /denny.dumas Facebook: /denny.dumas.5
Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca
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