What do you think will have the biggest impact on Canada’s housing market this year? 🏠💭
The sixth consecutive rate cut brings the key lending rate down to 3.0%, making borrowing more affordable just as the spring housing market heats up. Lower rates are expected to boost home sales and bring buyers back into the market.
⚠️ However, looming U.S. tariffs could throw the economy off course. While lower rates are great for buyers, a trade conflict could slow economic growth.
Drop your vote and thoughts below! 👇 #InterestRates #RealEstate #Economy #HousingMarket
3 votes
Lower interest rates = more sales
60%
0 votes
U.S. tariffs = economic slowdown
0%
0 votes
Sales will rise despite challenges
0%
2 votes
Uncertain, too early to tell
40%
Votes