2024 interest rate forecast
The Bibic experience anticipates in 2024: Activity and growth will be very calm until rate cuts are announced. Affordability is holding back many buyers and is directly tied to interest rates. We anticipate that bank of Canada rates will come down but it will be a very gradual lift-off throughout 2024. As we continue to face uncertainty in anticipation of how much a rate changes will affect in the Windsor-Essex real estate landscape, I know that the last 11 years have shown much growth in the value of your property. Windsor-Essex continues to draw investments and staying ahead of the next step with Bibic knowledge and experience is key to your success in this ever changing industry.