Home sales in Canada have leaped by 18.4% since the Bank of Canada first started cutting interest rates, real estate professionals say, with the prospect of lower borrowing costs combined with more properties being listed for sale fueling transaction activity.
Canadian home sales up 18.4% since interest rate cuts began
Lower borrowing costs, higher inventory levels spark 'long-awaited rebound,' says real estate association
CoStar News
December 16, 2024 | 9:14 P.M.
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