Bring it Home | Q1 Price Drop Triggers Q2 Buying Surge of Detached Houses in Toronto & Vancouver, What Interest Rate Hikes Mean for Homeowners & Month of Miracles!

Will the Bank of Canada achieve its objective of busting inflation and navigating the economy to a soft landing? [RE/MAX]( August 31, 2023 Q1 Price Drop Triggers Q2 Buying Surge of Detached Houses in Toronto, Vancouver Upward momentum served to mitigate the decline in values of detached houses in Toronto, Vancouver and Fraser Valley in the first half of the year, but average price fell short of last year’s levels in most neighbourhoods, according to a new RE/MAX report. # [LEARN MORE]( Is the Housing Market Turing Around? It has been more than a year since the Bank of Canada (BoC) kicked off its tightening cycle, raising interest rates to their highest levels since the global financial crisis and trimming its enormous pandemic-era balance sheet. What has changed? [LEARN MORE]( What Interest Rate Hikes Mean for Homeowners Will the Bank of Canada achieve its objective of busting inflation and navigating the economy to a soft landing? Time will tell. What is becoming evident is that interest rates are weighing on the Canadian homebuyers and owners. [LEARN MORE]( August is the Month of Miracles Since RE/MAX and CMN first partnered in 1992, Canadian [RE/MAX agents]( have donated nearly $95 million to their local children’s hospital foundations through the Miracle Home or Miracle Commercial Property program. [LEARN MORE]( We're always here to help. Whether you are looking for a trusted professional to help guide you through the buying, selling or renting process or are ready to dive in and start looking at listings, it's all just a click away. [FIND THE RIGHT AGENT FOR YOU]( [EXPLORE THE LATEST LISTINGS]( [facebook link]( [instagram link]( [twitter link]( [youtube link]( RE/MAX Canada 639 Queen St W Toronto, ON M5V 2B7 905-542-2400 340-1060 Manhattan Drive Kelowna, BC V1Y 9X9 250-860-3628 [TERMS OF SERVICE]( | [PRIVACY NOTICE]( | [UNSUBSCRIBE]( | [VIEW EMAIL ONLINE]( Each office independently owned and operated.