Inflation rate drops to 5.2% in February — but grocery prices are still up

Rate previously slowed to 5.9 per cent in January

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Bank of Canada holds interest rate steady

First time Canada's central bank has decided not to hike in a year

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These Ontario cities are expected to see the biggest home price declines

While Toronto has seen a significant dip in home prices as borrowing costs have gone up over the past year, other places in Ontario are seeing an even more dramatic drop.

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GTA Home Sales and Listings Drop in February

February sales in the Greater Toronto Area (GTA) were down substantially from the pre-rate hike levels of early 2022. However, the number of new listings also dropped substantially year-over-year. The result was that the average selling price and MLS® HPI continued to level off after trending lower through the spring and summer of last year.

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Indranil Ghosh helped me with a property recently in Kitchener. I was looking at properties in the St. Catharines, Kitchener/Waterloo and Cambridge areas.

Indranil and his team shortlisted several properties as per my requirements every week. Then they setup appointments and joined us for the every single showing.

Not only did Indranil provide authentic advice and guidance with regards to every property he also initiated and guided me through the discussions with the sellers.

It was absolutely amazing working with Indranil Ghosh.

Consider with whom you invest your time...

Of the 70,000 realtors with TRREB:

43% did not do a single deal last year!

Are you looking to invest in bank owned, estate properties, fixer uppers, cash flow properties, and power of sale properties?

I have access to properties across the GTA.

Brampton - Mississauga - Halton - Hamilton - Toronto - Durham - York

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Until next time...

omyGhosh, (647) 404-9471