Bow Valley Realty

Happy Holidays to all! We will reopen on January 2. Property management and real estate questions feel free to direct message anytime.

https://www.markdalton.ca/blog-4-1/how-inflation-and-interest-rates-are-shaping-canads-real-estate-market

HOW INFLATION AND INTEREST RATES ARE SHAPING CANADA’S REAL ESTATE MARKET — Nanoose Bay-Fairwinds Qualicum Beach Real Estate In recent developments, Canada’s inflation rate dropped to 1.6% in September 2024, mainly driven by declining gas prices. This easing inflation is increasing the likelihood that the Bank of Canada will reduce its key interest rate by 0.5% in its upcoming decision on October 23. Lower interest rate...