The Bank of Canada has implemented its seventh consecutive rate cut, continuing its aggressive push to stimulate economic growth amid slowing inflation and global uncertainty. This latest reduction signals ongoing concerns about consumer spending, business investment, and the broader impact of tariffs and upcoming elections on the Canadian economy.
James and Denny share what they are currently seeing in the Vancouver real estate market, including how the rate cut is impacting home prices, buyer activity, and market sentiment.
This episode will focus on the rate cut effects on the Lower Mainland real estate markets, upcoming elections and potential impact, the on and off again tariffs, high levels of inventory, North Van pulling back regulations on Air BnB, all the home tax changes over the last 9 years, and predictions for the future.
Email us at garbuttdumaspodcast@gmail.com
James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt
Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5
Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca