As we move into 2024, the real estate market in Steinbach, Manitoba, is poised for notable changes. Whether you're a homebuyer, seller, or investor, understanding these market trends can help you make informed decisions and capitalize on opportunities. Here's a...
Market Trends
Bank of Canada Reduces Policy Rate by 25 Basis Points
The Bank of Canada has announced a reduction in its target for the overnight rate to 4¾%, with the Bank Rate set at 5% and the deposit rate at 4¾%. This decision is part of the Bank's ongoing strategy for balance sheet normalization. Global Economic Context In the...