Neha Bhaskar - Real Estate Agent

Homebuyers are expected to remain hesitant in the near term, resulting in a buildup of pent-up demand.

This suggests the spring housing market will be soft.

However, if trade tensions with the U.S. escalate, we may see continued low sales and prices, while avoiding a recession could lead to a rebound in demand.

Curious about what this means for your plans? Reach out to discuss your next move.

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The Bank of Canada has announced it’s final rate cut of 2024!

With a 50 bps reduction, the policy rate now sits at 3.25%. This change is expected to shift housing market dynamics, potentially increasing demand and pushing prices higher. 📈

How will this impact your buying or selling strategy? Let’s talk through your next move!

📲 DM me for expert advice.