Elan Weintraub Quoted in the Globe and Mail: “BoC Interest rate decision could bring homebuyers back to the market”

https://www.theglobeandmail.com/business/article-real-estate-housing-news-mar-9/

Elan Weintraub, co-founder of Mortgage Outlet Inc., said there were 20 offers on one detached house in the Toronto suburbs in February. “Bidding wars are back,” he said.

Real estate experts said the BoC’s decision has led to more activity. There is now even competition for some types of properties, such as houses.