Is the Recent Interest Rate Drop Driving More Activity in the Housing Market?

Join Peggy Hill in her latest CTV segment as she discusses the big question: “Has the recent interest drop been translating into more activity in the housing market?” Peggy dives into the October 2024 numbers, showing a positive shift thanks to lower interest rates compared to last year’s higher rates. With every rate drop, we see more sales, although prices are holding steady. She also explains the current state of the 5-year fixed rate and why it’s not expected to decrease much further. Plus, Peggy gives us a glimpse into what’s coming for Simcoe County’s housing market, including the new rules set to roll out in December and how these changes are expected to positively impact the market. Don’t miss out on this insightful discussion!

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.