The Bank of Canada has made its 5th consecutive rate cut, dropping rates by 50 basis points, creating a 150bps differential with US rates - the largest since 1997⁠. While the housing market shows increased activity without price inflation⁠, there's disagreement between former governor Poloz and current governor Macklem about whether Canada is in a recession⁠. A recent poll shows Canadians prefer a strong dollar (61%) over lower interest rates (39%)⁠
The housing market is experiencing increased activity without price inflation, which the Bank of Canada views as a positive development⁠⁠​
Former BoC Governor Poloz believes Canada is in a recession, while current Governor Macklem maintains the economy is still growing, though slowly⁠⁠​
Current market conditions present opportunities for investors with falling prices and rates, but come with risks of declining rents and increasing unemployment⁠

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The Bank of Canada has made its 5th consecutive rate cut, dropping rates by 50 basis points, creating a 150bps differential with US rates - the largest since 1997⁠. While the housing market shows increased activity without price inflation⁠, there's disagreement between former governor Poloz and current governor Macklem about whether Canada is in a recession⁠. A recent poll shows Canadians prefer a strong dollar (61%) over lower interest rates (39%)⁠
<ul>
<li>The housing market is experiencing increased activity without price inflation, which the Bank of Canada views as a positive development⁠⁠​</li>
<li>Former BoC Governor Poloz believes Canada is in a recession, while current Governor Macklem maintains the economy is still growing, though slowly⁠⁠​</li>
<li>Current market conditions present opportunities for investors with falling prices and rates, but come with risks of declining rents and increasing unemployment⁠</li>
</ul>
<a href="https://www.realist.ca/webinar">Sign Up For The Next Webinar Realist&nbsp;</a>
Join the best community in Canadian Real Estate <a href="https://www.realist.ca/">realist.ca</a>
Attend a Meetups&nbsp; <a href="https://www.meetup.com/pro/canadian-millennial-real-estate-investors/">Meetups</a>
Nick&nbsp;
Instagram.com/mybuddynick
tiktok.com/@mybuddynick
twitter.com/mybuddynick89
Dan
twitter.com/daniel_foch&nbsp;
instagram.com/danielfoch
tiktok.com/@danielfoch

The Podcast For Canadian Real Estate Investors.

The podcast features in depth discussion around investing in real estate, ongoing news in the Canadian real estate market, how to structure deals and grow your portfolio.
Show hosts Daniel Foch and Nick Hill bring experience, fresh takes, well-researched information and entertainment to a real estate investing podcast for Canadians.

The Podcast For Canadian Real Estate Investors.
The podcast features in depth discussion around investing in real estate, ongoing news in the Canadian real estate market, how to structure deals and grow your portfolio. Show hosts Daniel Foch and Nick Hill bring experience, fresh takes, well-researched information and entertainment to a real estate investing podcast for Canadians.

The Canadian Real Estate Investor

The Podcast For Canadian Real Estate Investors.

The podcast features in depth discussion around investing in real estate, ongoing news in the Canadian real estate market, how to structure deals and grow your portfolio.

Show hosts Daniel Foche and Nick Hill bring experience, fresh takes, well-researched information and entertainment to a real estate investing podcast for Canadians.

The Podcast For Canadian Real Estate Investors.
The podcast features in depth discussion around investing in real estate, ongoing news in the Canadian real estate market, how to structure deals and grow your portfolio.
Show hosts Daniel Foche and Nick Hill bring experience, fresh takes, well-researched information and entertainment to a real estate investing podcast for Canadians.

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