👉RBC economist Carrie Freestone predicts that the Bank of Canada (BoC) will cut rates more aggressively than the U.S. Federal Reserve, with a total of two percentage points in cuts by the third quarter of 2025, compared to just 75 basis points by the Fed. This forecast follows expectations of a widening interest rate differential. According to Freestone, these rate cuts will likely result in double-digit home price gains. She emphasizes the importance of this divergence in central bank policy and its implications for the Canadian economy.✅ . 𝐓𝐨𝐲𝐨𝐭𝐚 & 𝐇𝐨𝐧𝐝𝐚 𝐍𝐞𝐰 𝐚𝐧𝐝 𝐔𝐬𝐞𝐝 𝐯𝐞𝐡𝐢𝐜𝐥𝐞𝐬 𝐅𝐫𝐞𝐞 𝐠𝐚𝐬 𝐜𝐚𝐫𝐝 𝐰𝐢𝐭𝐡 𝐞𝐯𝐞𝐫𝐲 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞! 𝐌𝐚𝐧𝐨𝐣 𝐉𝐨𝐬𝐞𝐩𝐡 𝐀𝐬𝐬𝐢𝐬𝐭𝐚𝐧𝐭 𝐒𝐚𝐥𝐞𝐬 𝐌𝐚𝐧𝐚𝐠𝐞𝐫 +𝟏 (𝟔𝟒𝟕) 𝟖𝟗𝟒-𝟎𝟕𝟔𝟏 𝐦𝐚𝐧𝐨𝐣.𝐦𝐮𝐤𝐤𝐮𝐧𝐝𝐚𝐧@𝐨𝐩𝐞𝐧𝐫𝐨𝐚𝐝𝐭𝐨𝐲𝐨𝐭𝐚.𝐜𝐚 𝐰𝐰𝐰.𝐛𝐫𝐚𝐦𝐩𝐭𝐨𝐧𝐞𝐚𝐬𝐭𝐭𝐨𝐲𝐨𝐭𝐚.𝐜𝐚 𝟐 𝐌𝐚𝐫𝐢𝐭𝐢𝐦𝐞 𝐎𝐧𝐭𝐚𝐫𝐢𝐨 𝐁𝐥𝐯𝐝, 𝐁𝐫𝐚𝐦𝐩𝐭𝐨𝐧, 𝐎𝐍 𝐋𝟔𝐬 𝟎𝐂𝟐 @mukkadan.joseph . . #RBC #BankofCanada #InterestRates #EconomicForecast #HomePrices #FederalReserve #mnm #malayalisnearmeapp #canadaupdate #canadanews

🏡 April 2024 Ontario Real Estate market update is here! 📈 Home sales ⬆️ by 12.3% New listings 🆕 surged by 21% Average home price 📈 up by 1.4% Stay informed, stay ahead! (All numbers are month over month) Source: The Canadian Home Follow me for more real estate updates! Kingsly Stanly Sales Representative 📞 +1 (647) 761 9471 📧 kingsly@thecanadianhome.com Download The Canadian Home App to see the property! https://ln.thecanadianhome.com/kingslystanly #OntarioRealEstate #MarketUpdate #HomeSales #NewListings #HomePrices #TheCanadianHome #Aprilnumbers #RealEstateUpdates

🏡 April 2024 Ontario Real Estate market update is here! 📈 Home sales ⬆️ by 12.3% New listings 🆕 surged by 21% Average home price 📈 up by 1.4% Stay informed, stay ahead! (All numbers are month over month) Source: The Canadian Home Follow me for more real estate updates! Kingsly Stanly Sales Representative 📞 +1 (647) 761 9471 📧 kingsly@thecanadianhome.com Download The Canadian Home App to see the property! https://ln.thecanadianhome.com/kingslystanly #OntarioRealEstate #MarketUpdate #HomeSales #NewListings #HomePrices #TheCanadianHome #Aprilnumbers #RealEstateUpdates

The Bank of Canada has recently announced a 25 basis points increase in the overnight rate, bringing it to 4.75%. This marks the first rate hike since January. The decision to raise rates was driven by several factors, including a strong and robust economic growth, rising inflation, and a thriving housing market. Aspiring home buyers and sellers will likely experience the impact of this hike on various aspects of their future endeavors. Follow me for the latest updates on The Canadian Real Estate Kamal Pillai Sales Representative 📞+1 (647) 673 3516 📧 kamal@thecanadianhome.com Download The Canadian Home App now for home listings! 📱 https://ln.thecanadianhome.com/kamalpillai #RealEstate #HomePrices #CanadaRealEstate #HousingMarket #PropertyMarket #HomeBuying #NewHome #PolicyRate #BankofCanada #Apartments #RealEstateAgent #Realtor #HouseHunting #InvestmentProperty #Interestrate #RealEstateMarket

The Bank of Canada raised its overnight rate by 25 basis points to 4.75% today (June 6, 10:00 AM ET) This is the first increase since BOC announced pausing the interest rate hikes in January, this year. The central bank's key interest rate has not touched this high since April 2001. This hike was influenced by a lot of factors such as economic growth, inflation, and Gross Domestic Product exceeded expectations in the first quarter of this year, growing by 3.1 percent. Housing market activity has also picked up again and the Canadian labour market still remains tight which can mean a drastic change in the stores. Follow us for more updates. #RealEstate #HomePrices #CanadaRealEstate #HousingMarket #PropertyMarket #HomeBuying #NewHome #PolicyRate #BankofCanada #Apartments #RealEstateAgent #Realtor #HouseHunting #InvestmentProperty #Interestrate #RealEstateMarket