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Unlocking Opportunities: How Canada's Rate Cut Impacts Real Estate
Manage episode 424255036 series 2794891
James Garbutt and Denny Dumas, James Garbutt, and Denny Dumas에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 James Garbutt and Denny Dumas, James Garbutt, and Denny Dumas 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
The Bank of Canada's recent decision to cut its overnight rate to 4.75% marks the first rate cut in over four years. The BoC indicates a shift in monetary policy aimed at easing financial conditions as inflationary pressures show signs of subsiding. This move is expected to have several implications for the real estate market in Canada.
James and Denny share what they are seeing in today's Vancouver real estate market and offer their predictions on how these rate cuts will affect the market.
This episode will focus on Canada's first interest rate cut, its effects on real estate, cutting because of economic pressure, media headlines and lack of optimism, different home types reacting in different ways, good products moving fast, people holding firm on prices, 3 year fixed vs variable mortgage products, and predictions for the future.
Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel
Email us at garbuttdumaspodcast@gmail.com
James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt
Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5
Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca
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