Bank of Canada Lowers Policy Rate: What It Means for You

The Bank of Canada has just announced a reduction in its target for the overnight rate by 25 basis points, bringing it down to 4.75%. Alongside this, the Bank Rate is now 5%, and the deposit rate is also 4.75%. This move is part of the Bank’s ongoing efforts to normalize its balance sheet.

GLOBAL ECONOMIC SNAPSHOT

Globally, the economy saw a 3% growth in the first quarter of 2024, aligning well with the Bank's April Monetary Policy Report. However, the U.S. economy underperformed due to weaker exports and inventory issues, although private domestic demand stayed robust. Over in Europe and China, the economic activity picked up, with China seeing a boost from exports and industrial…

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The Magic of the Moon in June Road Race and Kids Fest

Each year as summer beckons, Burlington becomes a hub of excitement with the Moon in June Road Race, a cherished community event that has something special for everyone in the family. This year the event is benefitting The Children’s Aid Foundation of Halton (CAFH) which is the only charity in the Region of Halton whose sole purpose is to provide support, relief and opportunities for children, youth and families involved in the child welfare system. CAFH offers opportunities for healing, growth, education and the chance to create happy childhood memories.

While the race itself offers a range of distances suitable for all ages and fitness levels, a particular highlight is the Kids Fest,…

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How to Open Your Pool for the Summer: A Quick and Easy Guide

Ah, summer! It's the season of barbecues, sundresses, and, best of all, pool parties. If you’re lucky enough to have a pool, the warm weather is your cue to get it swim-ready. Opening your pool for the season might seem daunting, but with a few simple steps, you can ensure it’s safe, clean, and ready for a dive. Here’s a streamlined guide to help you kick off the summer with a splash!

Step 1: Uncover and Clean

Start by removing the pool cover. It’s likely collected water, leaves, and debris over the winter, so clean it thoroughly before storing it away. This is also a good time to skim the surface of the pool and vacuum any debris that might have made its way into the water.

Step…

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The Condo Guide

We at the Rocca Sisters Team are passionate about the communities and clients we serve, whether they are buying or selling freehold properties or condominiums. As a result, our team of experts created our exclusive Condo Seller’s Guide for preparing your condo for sale, to help make your move as stress-free as possible. 

This guide is a great resource for the information you need to help you list your condo for sale. By collecting the information and gathering the paperwork now, you’ll be better prepared to make this a smooth transaction. 

There are also some practical tips on how to make your condo show-ready. This list comes from years of experience working with both sellers and buyers and following marketing trends. My goal…

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MOTHER’S DAY REFLECTIONS FROM WORKING MOMS

With Mother’s Day here, our own mother, Joan, the matriarch and strength of our family comes to mind with fondness. She truly is an inspiration in all that we do. We also realize, sometimes with trepidation, that we are now the light for our generation of little ones. We have the profound role of being “mom” to those tiny people that we have brought into the world and it is a role we cherish. 

Cathy is a proud mother to son Gianluca and daughter Vienna, and Tanya is mother to daughters Quinlan and Alissa. Real Estate is a demanding profession. There are no 9-5 or weekends off like most other jobs have. Likewise, motherhood is, as it should be, all-encompassing. So we are constantly working…

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With Mother’s Day approaching, our own mother, Joan, the matriarch and strength of our family comes to mind with fondness. She truly is an inspiration in all that we do. We also realize, sometimes with trepidation, that we are now the light for our generation of little ones. We have the profound role of being “mom” to those tiny people that we have brought into the world and it is a role we cherish. 

Cathy is a proud mother to son Gianluca and daughter Vienna, and Tanya is mother to daughters Quinlan and Alissa. Real Estate is a demanding profession. There are no 9-5 or weekends off like most other jobs have. Likewise, motherhood is, as it should be, all-encompassing. So we are constantly working on perfecting work-life balance. It is not…

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We compile Monthly Market Stats for Burlington, Oakville Hamilton, Greater Hamilton and Burlington Condos. See the latest April 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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7 Steps to Home Buying Success: A FREE Buyer’s Guide

We at the Rocca Sisters Team are passionate about the communities and clients we serve, whether they are buying or selling! This week, we would like to direct you to the FREE Rocca Sisters’ Seven Steps to Home Buying Success.

This useful 22-page buyer’s guide contains lots of important information, and answers frequently asked questions such as:

  • How do I know how much I can afford?

  • Do I need an agent, or should I go it alone?

  • What’s the best area to buy in?

  • How do I negotiate the best possible price?

This guide will help you answer those basic questions, outline what to expect in the key steps ahead, and boost your confidence in finding the right…

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How to celebrate Earth Day 2024

Since Earth Day kicked off in 1970, millions across the globe have been marking April 22nd each year as a day to rally for our planet and push for a greener, fairer future. Now, 54 years later, Earth Day is a vital call to action, reminding us all to play our part in protecting our environment.

With Earth Day fast approaching, it's key to remember that everyone has the power to make a positive impact, no matter who you are or where you're from. That's why EARTHDAY.ORG is excited to share the 'How to Do Earth Day 2024' toolkit. This guide is packed with easy-to-follow steps and ideas to help you get involved, all centered around this year's theme: Planet vs. Plastics.

Whether you're a student, a grandparent, a…

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Bank of Canada Considers June Rate Cut Amid Easing Inflation

The Bank of Canada maintained its key interest rate at 5.0% during its latest decision but hinted at a potential rate cut in June, marking a shift in its monetary policy stance. This decision, expected by economists given the easing inflation and a stagnating economy, keeps the rate steady for the sixth consecutive time. Inflation, which began at historically high levels, cooled to 2.8% in February, and the Bank now forecasts it dropping to 2.2% by end-2024.

Governor Tiff Macklem indicated that the data supports a gradual decline in inflation while economic activity picks up. Although core inflation remains above 3%, it has started to decline, providing the central bank with cautious…

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