Kris Thorkelson on Bank of Canada Rate Cuts and Their Impact on Winnipeg Real Estate
Market Stability, Housing Affordability, and Investment at a Crossroads
Manitoba, Canada, 3rd March 2025, ZEX PR WIRE, As the Bank of Canada considers interest rate cuts in 2025, Winnipeg’s real estate market faces both opportunities and challenges. Kris Thorkelson, CEO of Thorwin Properties, is urging policymakers, industry leaders, and the public to stay informed about the potential effects on housing affordability, investment trends, and rental demand.
“The Bank of Canada’s decisions don’t just impact mortgages,” says Thorkelson. “They influence property values, rental market trends, and development incentives—all of which shape Winnipeg’s real estate landscape.”
How Rate Cuts Could Affect Winnipeg’s Housing Market
Interest rate cuts are designed to stimulate economic activity by making...