BANK OF CANADA’S NEW KEY INTEREST RATE

Author: Tracy Phelan, Broker RE/MAX Garden City Realty Inc. Brokerage | | Categories: #BankofCanada , #BuyorSell? , #GreatTimetoBuyorSell , #Investing , #MortgageRates , #NewInterestRate , #NiagaraRealtor , NiagaraRealEstate

Blog by Tracy Phelan Broker RE/MAX Garden City Realty Inc. Brokerage

💥More great news for real estate as the Bank of Canada key interest rate drops another 25 basis points. Three consecutive cuts of 25 basis points each in 2024!💥

With this most recent interest rate cut, now is a prime opportunity to sell, buy, or invest in real estate in the Niagara region. Lower rates make it easier for buyers to finance their dream homes, while sellers can attract more interest from motivated buyers.

Whether you're looking to move, invest, or find your perfect home, this is an ideal moment to take advantage of the market. Find out how this impacts your home buying or selling situation.

905 321 6165 | www.tracyphelan.com



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