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Quebecers are responding to the recent interest rate cut announced by the Bank of Canada on Wednesday, June 5 at 10:30 AM ET. Since July 2023, the key interest rate had been maintained at 5%, affecting the real estate market, house prices, and transactions throughout the province and the country....
Expected Turning Point for the Real Estate Market For the first time since July 12, 2023, the Bank of Canada has lowered its key interest rate, reducing it from 5% to 4.75%. This decision marks a long-awaited turning point for the real estate market. Although an interest rate of 4.75% remains hi...
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