Bank of Canada Cuts Interest Rates: What It Means for Buyers and Sellers

Today, the Bank of Canada announced a reduction in its overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. This move comes as the Canadian economy remains strong but faces uncertainty due to heightened trade tensions with the United States.

How Does This Affect the Housing Market?

Interest rate cuts generally lead to lower borrowing costs, making mortgages more affordable for buyers. With past rate cuts already stimulating demand in the housing market, this latest reduction could encourage more buyers to enter the market, increasing competition for available properties. For sellers, this means the potential for stronger offers and a quicker…

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It's March Break! Whether you're a local resident or planning a visit, Burlington offers a variety of activities to keep everyone entertained. Here's a curated list of events and programs happening during the break:

1. Mythical March Break Camp at Joseph Brant Museum

Embark on a mythical adventure from March 10 to 14 at the Joseph Brant Museum's Mythical March Break Camp. Each day features a unique theme, including Myths Around the World, Movies, Fairytales & Legends, Mythical Creatures, Heroes & Villains, and Mythbusters. Activities encompass crafts, games, scavenger hunts, and experiments. Designed for children aged 5 to 12, the camp runs daily from 9:00 am to 4:00 pm. The cost is $250 for the week or $55 per day. Pre-registration is…

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We compile Monthly Market Stats for Burlington, Oakville Hamilton, Greater Hamilton and Burlington Condos. See the latest February update HERE!

If you have any questions about the market or any stats for your area - you can always contact us for more information. We are always here to help get you information about your neighbourhood and what your specific market looks like! 

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Women Business Leader Award

We are beyond thrilled to share that The Rocca Sisters have been selected as finalists for the Women Business Leader Award in the 2025 Business Excellence Awards, presented by the Burlington Chamber of Commerce!

This nomination is a true honour, and we are deeply grateful to our community for recognizing our dedication to excellence in business and leadership. We also want to extend our heartfelt appreciation to the Business Awards Task Force for selecting us as finalists among so many outstanding business leaders in Burlington.

The Burlington Chamber of Commerce Business Excellence Awards celebrate businesses and individuals who exemplify outstanding performance, innovation, and commitment to the community. The…

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Join Us for a Paws-itively Amazing Event: The Pet Paint Party Fundraiser!

Calling all pet lovers! The Rocca Sisters invite you to our Pet Paint Party Fundraiser in support of the SPCA! Get ready for an unforgettable evening filled with creativity, community, and support for animals in need.

Date: February 21
Time: 5:30 PM - 7:30 PM
Location: Ren's Pets
Entry: By donation

This event is designed to be fun for both you and your furry friends, all while supporting a great cause! Here’s what’s in store:

Custom Paw Print Keepsakes
Unleash your pet’s inner artist! We’ll provide free canvases and non-toxic paints for your pets to create their own paw print masterpieces. A clean-up area will be available to keep things tidy.

Mini Agility Course
…

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We compile Monthly Market Stats for Burlington, Oakville Hamilton, Greater Hamilton and Burlington Condos. See the latest January update HERE!

If you have any questions about the market or any stats for your area - you can always contact us for more information. We are always here to help get you information about your neighbourhood and what your specific market looks like! 

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Bank of Canada Cuts Interest Rate to 3%: What It Means for Real Estate

The Bank of Canada has lowered its interest rate by 25 basis points to 3%, citing concerns over potential economic fallout from trade tensions with the U.S. While inflation remains stable at 2% and consumer spending is on the rise, the uncertainty surrounding tariffs could slow economic growth and put upward pressure on prices.

If the U.S. moves forward with a 25% tariff on Canadian goods, and Canada retaliates, GDP could take a hit of up to 3 percentage points. This could lead to weaker economic output and a further depreciation of the Canadian dollar. The central bank acknowledges that monetary policy alone cannot counteract these challenges, but the rate cut aims to…

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As we start the new year with gratitude and excitement in our hearts for the coming experience, we're reflecting today on our Events from the past year! We love being a part of our community and connecting with our clients as often as possible! As we look ahead to the many events we have planned for 2025, let's take a peek at 2024!

 

  1. Lunar New Year Celebration at the Burlington Performing Arts Centre : We celebrated the Year of the Dragon with a Cultural Exhibition and then watched the spectacular performances.

  2. SPCA fundraiser at Ren’s Pets : with professional photos with your pet, free doggie bandanas and cupcake treats!

  3. Mortgage Pre-Approval Party with TD Bank : We hosted a quick and easy pre-approval event for…

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Ring in the Year of the Wood Snake: A Celebration of Chinese New Year 2025.

Are you ready to dive into the vibrant and exciting world of Chinese New Year? Well, buckle up because 2025 is bringing in the Year of the Snake, and it's not just any snake – it's the Wood Snake! We're in for a delightful journey of festivity, tradition, and a whole lot of fun. Now, let's clear up a common misconception. While we often say "Chinese New Year" in English, the more inclusive term is "Lunar New Year." During the official 7-day public holiday in China, it's all about family, friends, and, of course, food! People travel far and wide to be with their loved ones, exchanging good wishes and catching up on the year gone by.

Embracing the Festivities

This year,…

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Happy New Year!

As we welcome 2024, we're reflecting on the past year with gratitude and excitement for what’s ahead. Our resolution this year is simple: to serve you even better!

We’re committed to staying ahead of market trends, providing top-notch service, and helping you achieve your real estate goals—whether that means finding your dream home, selling for the best value, or growing your investment portfolio.

For us, it’s all about building relationships, supporting our community, and making the process of buying or selling a home seamless and stress-free.

If you are planning your New Years Resolutions, here are some quick tips!

  1. Set Specific Goals – Instead of vague resolutions like "save money," try "save $500 each…

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