Sales Rise for Fourth Consecutive Month as GTA Housing Market Shows Steady Activity

In a historic federal election, Mark Carney has been elected Prime Minister of Canada, ushering in a new era of Liberal leadership shaped by his background as a central banker and global financial leader. His victory signals a pivot toward fiscally responsible, climate-conscious governance, with early signs pointing to a steady, pragmatic approach both domestically and abroad. Carney’s deep institutional experience, from the Bank of England to the Bank of Canada, suggests a more collaborative and economically aligned relationship with the United States. As both countries confront evolving interest rate policy, trade pressures, and climate commitments, Carney’s leadership could pave the way for a more coordinated and constructive cross-border dynamic. While the implications for real estate values are still uncertain, early sentiment leans optimistic.

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