National housing market in 'holding pattern' as buyers patient for lower rates: CREA

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 76 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 99%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely 'stuck in a holding pattern' despite borrowing costs beginning to come down.

A real estate sign is shown in Vaughan, Ont. on Thursday Sept. 12, 2024. The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely "stuck in a holding pattern" despite borrowing costs beginning to come down.

The central bank reduced its key lending rate by a quarter-percentage point to 4.25 per cent. Economic forecasts say the central bank will likely continue cutting its key lending rate by a quarter-percentage point until July 2025, bringing it down to around 2.5 per cent by that time. On Monday, the federal government announced changes to mortgage rules with the aim of helping more Canadians purchase their first home.

Heddle said showings in the region have been on the rise over the past couple weeks after a slowdown in that metric through August. Finance Minister Chrystia Freeland on Monday announced changes to some mortgage rules as part of an effort to make housing more affordable, a critical political issue that has hurt Prime Minister Justin Trudeau and his Liberal government.

Ottawa taxpayers facing at least a 2.9 per cent tax hike in 2025, but transit funding questions remain Ontario’s Financial Accountability Office is investigating a decision by the Ford government to accelerate the expansion of alcohol sales in the province to corner stores— a move that involves a payment of up to $225 million to The Beer Store.Finance Minister Chrystia Freeland on Monday announced changes to some mortgage rules as part of an effort to make housing more affordable, a critical political issue that has hurt Prime Minister Justin Trudeau and his Liberal government.

'Craziest thing I've ever seen': Elusive salamanders make surprising mass appearance in Edmonton area

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 1. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Business leaders urge feds to step in to halt railway job actionPhased rail shutdown of Canadian National Railway, Canadian Pacific Kansas City already underway
출처: TerraceStandard - 🏆 24. / 68 더 많은 것을 읽으십시오 »

National housing market in ‘holding pattern’ as buyers patient for lower rates, CREA saysThe association says the number of homes sold in August fell 2.1% compared with the same month last year
출처: globeandmail - 🏆 5. / 92 더 많은 것을 읽으십시오 »

National housing market in 'holding pattern' as buyers patient for lower rates: CREAOTTAWA — The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely stuck in a holding pattern despite borrowing costs beginning to come down.
출처: SooToday - 🏆 8. / 85 더 많은 것을 읽으십시오 »