The Real Estate Magazine

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Real Estate Market Marco Chiappetta Real Estate Market Marco Chiappetta

Bank of Canada Holds Key Interest Rate

The Bank of Canada has decided to maintain its target for the overnight rate at 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. This announcement is expected to add to the already strong real estate market in Toronto, which has seen increasing prices due to historically low levels of supply.

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