Join Peggy Hill in her latest CTV segment as she discusses the recent Bank of Canada announcement and the upcoming tariffs. She explains how the tariffs are expected to affect Canada, especially Ontario, a province with a strong manufacturing sector, and how this will influence the housing market. Peggy talks about the recent interest rate cut, bringing the overnight rate to 3%, and how, while interest rates may go down, factors like the job market could lower consumer confidence, which may affect buyers’ purchasing power. She also touches on how the 30-year amortization rule helped bring more buyers into the market. Despite ongoing affordability challenges in Simcoe County, Peggy predicts an increase in sales in 2025. Don’t miss her expert insights on what’s next!
NEXT STEPS
Take the next step towards securing your dream home. Whether you’re a current homeowner looking to make strategic moves in this evolving market or a potential homeowner eager to navigate the path to ownership, our team is here to support you every step. Ready to explore your options and make informed decisions? Contact us via our contact page to schedule a personalized consultation with one of our experienced advisors.
Wondering about the current value of your home amidst spring housing trends? Take advantage of our free home evaluation service to gain clarity on your property’s worth in today’s market.
And for those eager to embark on the exciting journey of homeownership, our listings page awaits with a wealth of opportunities tailored to your preferences and needs. Don’t delay – let’s turn your homeownership dreams into reality together.
Stay connected! Follow us on social media for the latest updates, trends, and recent listings in Barrie’s real estate market. Don’t miss Peggy Hill’s expert insights on CTV Barrie! Watch past broadcasts on the CTV website.