2024 | Bank of Canada Interest Rate Announcement Dates | Matt Gul & Selin Gul
Posted on Sep 04, 2024
September 4th, 2024
Prime Drops Again!
This morning, the Bank of Canada announced its third consecutive rate cut, lowering its benchmark interest rate by 25 basis points to 4.25%. Prime will now be 6.45%. This move, anticipated by many in the financial community, follows earlier cuts in June and July, signalling a shift in the Bank’s approach to comb...
What impact will today's Bank of Canada interest rate announcement have on the Canadian real estate market?
Posted on Sep 04, 2024
Although today's Bank of Canada interest rate announcement may not immediately trigger changes, it serves as a crucial indicator for the Canadian real estate market.
Key Highlights:
- The Bank of Canada’s (BoC) decision to lower its overnight lending rate by an additional 25 basis points today aligns with market predictions for continued rate cuts un...
2024 Fall Housing Market Outlook | RE/MAX | Matt Gul
Posted on Sep 04, 2024
Steady fall market anticipated in majority of regions across Canadian housing market!
According to the RE/MAX 2024 Fall Housing Market Outlook Report, the long-anticipated decline in interest rates is expected to have a ripple effect on the market this fall, with consumer confidence rising and with average sale prices across all housing types expect...
3998 Phyllis Road, North Vancouver | Lynn Valley | Listed By Matt Gul and Selin Gul | Matt Gul Group
Posted on Sep 03, 2024
3998 Phyllis Road, North Vancouver | Co-Listed by Matt Gul & Selin Gul
Welcome to 3998 Phyllis Road, the perfect family home located in North Vancouver’s Lynn Valley Neighbourhood. This 5 bedroom, 4 bathroom home is the definition of Lynn Valley Living, offering over 2700 Sq.Ft. of elegant living space situated on a 4026 Sq.Ft lot overlooking direc...