April 2024 Market Report

Market view

Given the current market conditions, Bank of Canada decision to maintain the interest rates without change at 5.00% overnight rate and 7.20% prime rate  and the forecast for Q2 2024, it may be a good time to consider buying properties, especially for those looking for long-term investments. The market is expected to tighten, and prices are forecasted to rebound later in 2024 and early 2025, indicating potential capital appreciation in the long run.

However, it’s important to note that real estate investments should align with your individual financial goals and risk tolerance. We invite you to connect with your Portfolio Manager to discuss how we can assist you with achieving your and your family’s goals.

Always here for you,




Leave a Reply