Rates still too high for many buyers
Toronto Star|July 12, 2024
Report finds homebuyers are waiting for bigger interest cuts
SAMMY HUDES

Despite expectations of lower interest rates prompting homebuyers to leave the sidelines, a new report says the Bank of Canada’s quarter-point cut to its key interest rate last month did not lead to a rush in demand.

The latest Royal LePage house price survey released Thursday, detailing market trends across Canada during the second quarter, said demand continues to outpace supply in the Prairies and Quebec, but Toronto and Vancouver saw slower-than-usual activity this spring.

Phil Soper, president and CEO of Royal LePage, said prices have remained sticky in Canada’s largest markets.

この記事は Toronto Star の July 12, 2024 版に掲載されています。

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この記事は Toronto Star の July 12, 2024 版に掲載されています。

Magzter GOLD に登録すると、数千の厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスできます。