How might lower interest rates affect the Halifax housing market?September 17Duration 5:14September 17NewsDuration 5:14The Bank of Canada lowered the policy interest rate to 2.5 per cent on Wednesday. Realtor Tanya Colbo spoke with CBC’s Tom Murphy about what the change means for people looking to buy or sell their home in the city.Related Stories Interest rate drop a ‘good sign’ for P.E.I. real estate market, says association president Bank of Canada lowers interest rate to 2.5% in first cut since March Halifax explores raising deed transfer tax to help pay for major projects You’d need to make about $27 an hour to afford a 1-bedroom apartment in Halifax Halifax housing construction at record levels, but challenges remain with building: reportMore from NewsVideo3:09She applied for MAID. But a surgery saved her lifeCBC News Nova Scotia 5 minutes agoVideo1:11CBC Calgary Headline News September 18: Poaching charges, NICU concerns, teacher dispute ads16 minutes agoVideo6:50CBC’s Aarti Pole speaks with former U.S. federal prosecutor, Gene Rossi32 minutes agoVideo1:46New multimillion-dollar Glenmore Athletic Park facility has finally opened1 hour agoVideo7:43CBC’s Aarti Pole speaks with Mexico’s Former Deputy Secretary of Foreign Relations, Julián Ventura22 minutes agoTrending NowVideo0:21Dramatic shoreline collapse sends truck and driver into Nitinaht LakeSeptember 16Video3:35ABC pulls Jimmy Kimmel’s show after comments about Kirk shootingThe National September 18Video4:23Beloved Canadian writer Robert Munsch has chosen a medically assisted death | Hanomansing TonightHanomansing Tonight September 16Video0:53Poilievre calls for temporary foreign worker program to be scrappedPolitics News September 3Video1:17Trump greeted by members of the Royal Family at Windsor CastleSeptember 17
How might lower interest rates affect the Halifax housing market?
