Strong start to home sales in 2024 unlikely to delay BoC rate cuts: economists

by Sammy Hudes The Canadian Press

TORONTO - A surge in home sales across Canada's largest markets to kick off 2024 is unlikely to prompt the Bank of Canada to delay its probable interest rate cuts later this year.

Categories

Recent Posts

Remax faces continued pressure ahead of Real takeover
Remax faces continued pressure ahead of Real takeover
The city at the top of mortgage delinquency, NDAs silence some buyers, the Home of the Week and more top real estate stories
The city at the top of mortgage delinquency, NDAs silence some buyers, the Home of the Week and more top real estate stories
End unit townhouse in White Rock sells to lone offer after slow price decline
End unit townhouse in White Rock sells to lone offer after slow price decline
Newly built condos in Vancouver are too pricey to sell, CMHC data show
Newly built condos in Vancouver are too pricey to sell, CMHC data show
Nova Scotia home was built in 1881 by seafaring captain
Nova Scotia home was built in 1881 by seafaring captain
Stymied last summer, suburban Calgary homesellers regroup for March sale
Stymied last summer, suburban Calgary homesellers regroup for March sale
Real’s Remax acquisition reignites debate over the future of brokerage models
Real’s Remax acquisition reignites debate over the future of brokerage models
Saskatchewan price surge threatens ‘affordability advantage,’ said SRA
Saskatchewan price surge threatens ‘affordability advantage,’ said SRA
Asking rents rise for larger units in Toronto: 'We simply don’t have enough'
Asking rents rise for larger units in Toronto: 'We simply don’t have enough'
eXp parent company acquires NextHome, begins trading as AGNT
eXp parent company acquires NextHome, begins trading as AGNT

Share on Social Media

LiLiT Hakobyan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 816-5514

lilithak@yahoo.com

8854 Yonge Street, Richmond Hill, ON, L4C 0T4

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from LiLiT Hakobyan, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.