Housing Demand Surges in Canada Amid Rate Drops

Dated: December 16 2024

Views: 84

Thursday, January 23rd, 2025

Market Trends

With declining interest rates and new lending rules, demand for housing in markets across Canada picks up in Q4

Despite economic and political uncertainty – both in Canada and south of the border – a revival of our national real estate market is underway thanks to lower interest rates, changes to mortgage lending rules, and renewed buyer demand. Strong activity through the final months of 2024 in most major regions from coast to coast resulted in moderate price gains, nationally. 

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Market Trends

Quebec real estate market ends 2024 with rising prices and renewed buyer confidence

As 2024 drew to a close, the Quebec real estate market stood out for its unexpected resilience in the fourth quarter. Despite economic and political uncertainties, favourable market dynamics unfolded, driven by more advantageous lending conditions and reinvigorated buyer confidence. 

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