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Bank of Canada reduces policy rate by 25 basis points to 4.5%

Bank of Canada reduces policy rate by 25 basis points to 4.5%

Exciting news for homebuyers, sellers, and investors! The Bank of Canada has just reduced its overnight rate, making borrowing more affordable.

For buyers, now is an optimal time to secure a mortgage with lower rates.

Sellers can expect a boost in market activity as affordability increases.

Investors, take note of robust economic growth forecasts and easing inflation pressures, indicating favourable conditions for property investments.

Want to explore opportunities in this dynamic market? Reach out today for personalized insights and guidance. I'm here to Make A Difference For You! Let's navigate your real estate goals together.

Sam Chaimā  - Your Point Man šŸ€ in Real Estateā 
Making A Difference For Youā 
Re/Max Realtronā 
(416) 543-7252ā 

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This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Regional Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.