Join Peggy on her latest CTV segment as she dives into the Bank of Canada’s recent rate cut and what it means for the housing market.
The Bank of Canada announced a 25-basis-point cut, bringing the key rate to 2.25%. Peggy shares her insights on how the last cut didn’t move the market much, and this time, she’s anticipating a 20% decrease in sales for October, which has been a slower month overall.
She explains why real change may need to come from the federal level, discusses how this cut could help buyers qualify for more, and notes that while consumer confidence remains low due to ongoing tariff talks, the softening prices in Simcoe County are opening doors for first-time buyers.
Tune in to watch!
NEXT STEPS
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