In case you missed it, for the first time since 2015, the Bank of Canada (BoC) has slashed its overnight interest rate, to 1.25%, largely in response to concerns over the economic impact of the coronavirus.
"We are seeing more traffic at open houses, more multiple offers and a slight increase in year-over-year prices, so if you've been thinking about selling, talk to your local REALTOR to find out if it's the right time for you." - Darin Germyn, FVREB President
Thinking of selling? Want to know how long it takes to get your property market ready?
Want to know more? We'd be happy to talk with you!