Real Estate Prices to 'Spike' on Interest Rate Cuts: CREA

Canada’s real estate rebound may have arrived, with prices set to spike as early as August, on interest rate cuts coming from the Bank of Canada – this according to the Canadian Real Estate Association. #canadarealestate #CREA #bankofcanada Canadian Home Sales See Little Change From June to July: https://www.youtube.com/watch?v=uZ5tP8cUGjI&list=PLOKoTy8yPzZaRjG8ArUm5F6Ny2FEl5rxb Canadian Home Sales Continue to Climb in July, National Benchmark Price Remains Steady: https://www.youtube.com/watch?v=wUU0pN8Ufjg&list=PLOKoTy8yPzZaRjG8ArUm5F6Ny2FEl5rxb Housing market ‘rebounded’ in July, CREA says, but prices could soon spike: https://globalnews.ca/news/11336257/housing-market-july-crea/ CREA Predicts 2025 Will Be A "Slam Dunk" For Home Sales, Despite Slow July: https://storeys.com/canadian-housing-market-data-july-slam-dunk/ National home sales rise as long-awaited boost ‘seems to have finally arrived’: CREA: https://www.canadianmortgagetrends.com/2025/08/national-home-sales-rise-as-long-awaited-boost-seems-to-have-finally-arrived-crea/ National home sales rise as long-awaited boost ‘seems to have finally arrived’: CREA: https://www.ctvnews.ca/business/real-estate/article/national-home-sales-rise-as-long-awaited-boost-seems-to-have-finally-arrived-crea/ Canadian Home Sales Continue to Climb in July, National Benchmark Price Remains Steady: https://creastats.crea.ca/en-CA/ Canada's home sales climb almost 4%, the fourth monthly rise in a row: https://financialpost.com/real-estate/canada-home-sales-climb-almost-4-per-cent-july-crea Summary of Governing Council deliberations: Fixed announcement date of July 30, 2025: https://www.bankofcanada.ca/2025/08/summary-of-governing-council-deliberations-fixed-announcement-date-of-july-30-2025/ BoC Summary of Deliberations (July 30) — All About Inflation: https://economics.bmo.com/en/publications/detail/1b775d89-4539-4c5d-8ef6-99aac2c79d33/ Scotiabank, RBC Only Big Banks Not Calling For More Interest Rate Cuts This Year: https://storeys.com/boc-interest-rate-forecasts-big-banks/ US producer inflation heats up as goods, services prices soar: https://www.reuters.com/world/us/us-producer-inflation-heats-up-goods-services-prices-soar-2025-08-14/ Hot PPI Inflation Cools Big Fed Rate-Cut Hopes; S&P 500 Falls: https://www.investors.com/news/economy/ppi-july-inflation-initial-claims-federal-reserve-sp-500/ Inflation or jobs: Federal Reserve officials are divided over competing concerns: https://ca.finance.yahoo.com/news/inflation-jobs-federal-officials-divided-213749505.html Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice.