March 16, 2024: Phil Golfi, BOC Interest Rates, Open House Vibes, Properties Moving Quickly
Manage episode 414800682 series 2825660
Welcome to the Golfi Real Estate Show!
Join us for the latest in real estate insights and news. In this episode Phil Golfi discussed:
- The increase in showing appointments and open house traffic as indicators of a busy real estate market.
- Lower-priced properties are moving quickly, luxury properties are slower to sell.
- Bank of Canada's decision to keep the key lending rate at 5%, with expectations of a future decrease and its potential impact on the real estate market.
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