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Unlocking Opportunities: How Canada's Rate Cut Impacts Real Estate
Manage episode 424255036 series 2794891
コンテンツは James Garbutt and Denny Dumas, James Garbutt, and Denny Dumas によって提供されます。エピソード、グラフィック、ポッドキャストの説明を含むすべてのポッドキャスト コンテンツは、James Garbutt and Denny Dumas, James Garbutt, and Denny Dumas またはそのポッドキャスト プラットフォーム パートナーによって直接アップロードされ、提供されます。誰かがあなたの著作物をあなたの許可なく使用していると思われる場合は、ここで概説されているプロセスに従うことができますhttps://ja.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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