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Bank of Canada rate drop announced for December!

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Bank of Canada rate announcement is here for December!
50 basis points reduction.
What does that mean?
We will see if the market starts picking up more than what it is especially with some of these houses that have been sitting for a while.
Will the new builds and large developments start up again that have been on hold in recent years?
Let me know your thoughts…
#mortgage #bankofcanada #housing #canadian #realestateinvesting #realestatetips #canadianrealestate
50 basis points reduction.
What does that mean?
We will see if the market starts picking up more than what it is especially with some of these houses that have been sitting for a while.
Will the new builds and large developments start up again that have been on hold in recent years?
Let me know your thoughts…
#mortgage #bankofcanada #housing #canadian #realestateinvesting #realestatetips #canadianrealestate