About Me

My photo
GTA, Ontario, Canada
A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Tuesday, November 17, 2015

Weakened loonie will pique interest of foreign buyers

The Canadian dollar is set to fall lower in December if the Fed decides to go ahead with a December increase in interest rates. A research note from TB Bank economists predicts that a US rate cut will push the loonie down to 71.4 cents US during the first quarter of 2016 and it could stay lower through 2017. TD believes that the improvement will only come when the Bank of Canada increases its interest rates and the lender doesn’t expect that to happen until 2017. The lower value of the Canadian dollar is set to add further fuel to foreign buyers’ interest in real estate here while Canadians may also be more likely to invest in recreational property at home rather than pay higher prices in the US and elsewhere.

MBN

We hope you are finding our Blog informative and enjoyable to read while keeping you up to date with the ever changing real estate market.

Please feel free to contact me via Direct/Text or e-mail at any time and my team will be pleased to assist you, family members and friends with all your real estate needs. Referrals are always welcome!

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)