A new year is on the horizon, and as we enjoy the "indoor season" many of us take the opportunity to reflect on the highlights of the outgoing year. From a real estate perspective there's been plenty of news and opinion as housing markets across the country remain, in many cases, resilient. Yet, some areas continue to ebb and flow in sync with more local events.
Yes, there are positive economic signals here and south of the border. There's an eye on interest rates as the U.S. Fed continues to send mixed signals that their rate cuts are on hold for the time being. On December 4th, the Bank of Canada indicated that Canada's growth performance is as forecast and once again held the Key Rate steady at 1.75%.
Wishing you, your friends and your family a wonderful holiday season. Together, let’s all look forward to a wonderful 2020.