Surprise! Bank of Canada .5% Increase

Surprise!  Rate Increase…
…but there could be a Silver Lining for Home Buyers.

—> Are you having a hard time unpacking today’s news they have increased the prime lending rate?
—> Are you wondering what it means to you?

So am I! 

Here are my thoughts on the matter, and the reasons I see the future as bright for the Edmonton home market. There are all kinds of factors in play and they are really quite interesting.

Things could be more stable and predictable moving forward!