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BoC Rate Cuts Won't Save Real Estate in Canada


The BoC is set to lower their overnight rate yet again this September. Will it jumpstart the market? Will home sales and prices accelerate? Or will real estate prices continue to drop?

In today's video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses the upcoming expected BoC rate cut in September and his opinion on how this will impact buyers, sellers and mortgage borrowers.

What do you think? What impact will a September rate cut have on the real estate market?

Are you considering making a move and looking for more specific advice on your property?
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