How Have Rate Cuts Impacted Real Estate Values ?

CMHC updates and CREA stats - plus we hear from all our meetup hosts and their market conditions.  Despite recent interest rate cuts, the Canadian housing market remains stagnant, with national home sales showing only a modest 1.3% increase in August but down 2.1% year-over-year. New property listings are up by 1.1% but remain below historical averages, contributing to a balanced market where supply and demand are steady but not dynamic. The MLS® Home Price Index indicates flat housing prices from July to August, with a 3.9% decrease year-over-year, as buyers await further price drops and increased affordability from interest rate cuts. Sign Up For The Next Webinar Realist  Join the best community in Canadian Real Estate realist.ca Attend a Meetups  Meetups Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.