Vancouver, Canada – After a major slowdown in Canada’s high-priced housing market, real estate sales in the country appear to be gradually inching up again.

That is cause for optimism across the country’s sector — hopes buoyed even more after the central bank dropped its key interest rate to its lowest in three years.

The Bank of Canada’s 0.25 percent rate cut on September 17 — mirroring its US counterpart ’s move the same day — has experts hopeful it might help lift home sales and prices, which had left thousands of properties sitting unsold.

Mortgage broker Mary Sialtsis, in Toronto, where sales have been slowest, said she saw homes taking longer to sell this year, as many of her clients held off buying amid economic anxieties.

“It’s a little bit slower right now than it has been

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