Market Update March: BoC Rate Hike Pause
Manage episode 358411826 series 2794891
For the first time in a year, the Bank of Canada did not raise interest rates and maintained its policy rate at 4.5%.
Denny and Monica share what they are seeing in Vancouver's real estate market as a result of the interest rate pause and what they think will happen over the next couple of months.
This episode will focus on the current real estate market in Vancouver and the Lower Mainland, the bank of Canada pausing interest rates, lower than anticipated CPI numbers, busy open houses, multiple offers, low housing supply, and predictions for the future.
Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel - https://www.youtube.com/channel/UCHK2L-KswYO93195yndFAmA
Email us at garbuttdumaspodcast@gmail.com
James Garbutt Instagram: https://www.instagram.com/jamesgarbutt Facebook: https://www.facebook.com/jamesgarbutt Website: https://jamesgarbutt.com
Denny Dumas Instagram: https://www.instagram.com/denny.dumas Facebook: https://www.facebook.com/denny.dumas.5 Website: https://www.dennydumas.com
Monica Harmse Instagram: https://www.instagram.com/monica_harmse Facebook: https://www.facebook.com/MoodyProperties.ca Website: https://moodyproperties.ca
Garbutt + Dumas Real Estate Instagram: https://www.instagram.com/garbuttdumas Facebook: https://www.facebook.com/GarbuttDumas Website: http://www.garbuttdumas.ca
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