Market Shift: Analyzing the Impact of the Bank of Canada's Rate Cut on Real Estate

The real estate market in Vancouver is showing signs of revival following a recent rate cut by the Bank of Canada, which has made borrowing more affordable for potential buyers. With expectations of more rate cuts incoming, experts anticipate further boosts in market activity and home sales in the coming months.

James and Denny offer their personal insights on how the recent rate cuts have impacted Vancouver's real estate market, highlighting which cities have been affected the most.

This episode will focus on the Bank of Canada rate cuts, more rate cuts in the future, longer days on market for properties, the current state of new construction, selling and buying recreational properties, and future predictions.

Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel

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Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca