The news is in from the Bank of Canada!

Rates are to be unchanged this month and will continue at 5% for the overnight lending rate.  This is good news for buyers as homeowners as this is the 4th straight month rates have remained steady.

In even better news, indicators are, rates will drop in the not too distant future.  Whilst this will be welcome relief to honwowners, it may cause many buyers who have been waiting for a sign to decide to make a move soon before others take advantage of current market conditions.