How Have Rate Cuts Impacted Real Estate Values ?

CMHC updates and CREA stats - plus we hear from all our meetup hosts and their market conditions. 

• Despite recent interest rate cuts, the Canadian housing market remains stagnant, with national home sales showing only a modest 1.3% increase in August but down 2.1% year-over-year.
• New property listings are up by 1.1% but remain below historical averages, contributing to a balanced market where supply and demand are steady but not dynamic.
• The MLS® Home Price Index indicates flat housing prices from July to August, with a 3.9% decrease year-over-year, as buyers await further price drops and increased affordability from interest rate cuts.

Sign Up For The Next Webinar Realist 

Join the best community in Canadian Real Estate realist.ca

Attend a Meetups  Meetups

Nick 

Instagram.com/mybuddynick

tiktok.com/@mybuddynick

twitter.com/mybuddynick89

Dan

twitter.com/daniel_foch 

instagram.com/danielfoch

tiktok.com/@danielfoch

See omnystudio.com/listener for privacy information.