Budget pushes BoC to cut rates and jobs, GTA and Fraser Valley home sales, and more

View in browser Economists predict possible lower rates for home buyers View web version | Forward to a colleague 06 November 2025 Top News Budget may push Bank of Canada toward further rate cuts Economists predict possible lower rates for home buyers Neighbourhood Holdings and Fisgard unite to elevate alternative lending Acquisition delivers more options, faster approvals, and expanded support for brokers nationwide Housing sector warns budget 2025 could deepen crisis, threaten 100,000 jobs Industry leaders said Ottawa's plan risks fewer homes and major job losses Bank of Canada cuts over 200 jobs in public sector overhaul The move follows prime minister Mark Carney's call for a 15% budget cut across federal agencies GTA home sales dip as buyers wait for economic clarity Sales fell 9.5% in October, but new listings climbed Fraser Valley home sales edge up in October, but market remains slow Sales rose for a second month, yet activity stayed below seasonal norms International News Bank of England will hold rates, brokers predict Advisers urge caution as borrowers await key policy decision NZ unemployment rises but labour market shows signs of stabilising Wage growth cools as economists eye November rate cut Lenders ramp up incentives as mortgage wars intensify Banks offer sizeable cashbacks and rewards to attract switchers Mamdani takes New York City: Mass exodus or much ado about nothing? What NYC brokers and executives think about Mamdani and his impact on the housing market Want to change how you receive these emails? You can manage your preferences or unsubscribe. © 2025 KM Business Information Canada Ltd. 317 Adelaide Street West, Toronto, ON Privacy | Conditions of Use | About us | Contact us

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