MESSAGE FROM ELENA

Just a quick update: inflation was a bit higher in December 2023, hitting 3.4%, up from 3.1% in November.

The good news is that the Central Bank might keep the interest rates steady this Wednesday, and fingers crossed, we might see rates drop soon.

In the housing market, things are pretty stable price-wise, but we're definitely selling more houses. There are plenty of great deals out there right now, but they might not last long. So, if you're thinking about buying, now could be a great time to jump in before more buyers come into the market.

Feel free to give me a call or send an email if you want to chat about your options or need help making a plan.

Wishing you a fantastic week ahead,

Elena

ARTICLE NEWS AND PUBLICATIONS

Canada’s largest bank sees no rate cuts next week, but it will still be an eventful week. RBC agrees with the consensus—they see the Bank of Canada (BoC) holding rates at the January announcement.

After nearly two years of interest rate increases, cuts may be on the horizon—here’s what that means for current and prospective home owners.

The changeover to fall and winter is often a little melancholy in Canada as we bid adieu to the fair weather months and hunker down for winter. The storage battle is sometimes a challenge, particularly if you’ve added something like new outdoor furniture,or if you have leftovers from a summer renovation project. 

ELENA GORDON

Broker of Record

RE/MAX Gordon Group Realty

647-400-9603