Bank of Canada cuts key interest rate, leaving some potential homeowners optimistic

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The Bank of Canada providing some relief to Canadians Wednesday, after they announced they are cutting their key rate by half a percentage point. Edward Djan has more.
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Long term bad decision.

Home availability didn't improve.

Let's pretend this actually helped people and 500k people decided to enter the home market.

Prices back up.

ZenCorvus
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$750, 000 house now you're saving $3, 750👍🏻

_Seagie
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Have u seen the prices😮😮😮
The bank need to lower their rates as well. Cause after interest went us they increase as well.
Soon everyone is going to be fight who got the bigger offer so again things wont look helpful
After covid has seen it😮

Butterfly-rdje