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Month: January 2015

What effect does the recent interest rate cut from the Bank of Canada have on selling and buying real estate?

Earlier this week on Wednesday, the Bank of Canada stormed into headlines everywhere by announcing a cut in its key lending rate, dropping from 1% to an all new low of 0.75%. Spurred by concerns over the continuing falling price of oil, the housing market, and the implications this may have on public spending, the …

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Will the Toronto Real Estate Market See a Turning Point in 2015?

Despite severe cold weather advisories across the GTA, one thing that remained hot this winter was Toronto’s real estate market. With the drastic increase of property sales and fewer active MLS listings, the hunt for a new home is still a tough one for countless prospective owners. Toronto experienced a near record year in 2014 with …

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