We have another BOC rate cut! The new rate is down to 3.25%!

We have another BOC rate cut!

The new rate is down to 3.25%!

This announcement should inject some life into the early spring market in 2025 for January February!

This is good news for buyers wanting to make a move next year!

As you scroll through the slides;

Did you know that the benchmark price is down 20K from the peak in 2024?

Did you know there are 1100 more units on the market than December 2023?

YYC is entering a balanced market, but each property class is performing differently and needs to analyzed and broken down.

Talk to your local mortgage broker and let's find out what you can afford.

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Justin Negenman

Agent