The Bank of Canada has maintained its rates, aligning with widespread expectations. However, the real estate market has witnessed some interesting dynamics in recent weeks and months in anticipation for rates to fall. Join your host, Alex McFadyen, as he discusses this announcement with Matt Scalena, co-host of the Vancouver Real Estate Podcast, highlighting the potential future ups and downs in the market. The hosts speculate that the housing supply issue might continue to inflame the market even if rates drop. The Bank of Canada, in alignment with its US counterpart, has hinted at a slow decline in rates upon hitting a 2% target for Canada's core inflation. This discussion suggests a heightening real estate market activity in the spring, and it purports that market conditions have surpassed the lowest point.

Matt’s Instagram: @matt_scalena

Vancouver Real Estate Podcast (VREP): @vancouverrealestatepodcast

Checkout the Vancouver Real Estate Podcast wherever you listen to podcasts: https://www.vancouverrealestatepodcast.com/

Ready to take the plunge into homeownership? Don’t miss our comprehensive First-Time Home Buyers Course available at the link below. This essential resource is designed to guide you through the maze of purchasing your first home with confidence and ease. Free for a limited time to listeners of the show!

https://alex-s-school-7883.thinkific.com/courses/first-time-home-buyer-course

For daily insights, make sure to find us on Instagram, Facebook, and YouTube: @flowmortgageco

Don't just dream about your future home, make it a reality! Subscribe to "The Flow: Real Estate & Money Show" for more invaluable insights, and visit our website at getflowmortgage.ca to discover how we can help make your property aspirations come true.