December 2023

Bank of Canada Holds Rates Steady: Real Estate Market Update – December 6, 2023

Posted on Dec 07, 2023

As anticipated by many, the Bank of Canada opted to keep the interest rate unchanged at 5% for the third consecutive announcement. This decision comes amid a backdrop of cautious optimism and a watchful eye on consumer spending trends. The next announcement is slated for January 24, and we'll be sure to keep you informed.

In terms of market dynamics...

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