Will a rate cut spark FOMO in housing?
Many Canadians are waiting for lower interest rates, waiting patiently!!! Rate relief may be coming as June or July??? The latest CPI report suggests inflation is cooling and this has boosted the BoC’s position to possibly lower rate a quarter % in the next two months.
If the BoC makes this move Along with other rate cuts possibly in the future, will we start to see FOMO set in with the buyers sitting on the sidelines. Will we see a surge in the real estate activity?
See article below for reference...
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