03/18/2026
Supply—Not Tinkering
Here is my reading of today’s Bank of Canada interest rate hold at 2.25%.
For buyers, stability supports confidence for planning your purchase.
For sellers, pricing discipline is critical. The COVID-era of multiple offers over asking is long gone.
Balanced fiscal conditions provide well-prepared clients a stable window of opportunity to transact strategically in the 2026 Spring Market.
The Bank is doing what it can with its limited influence. While I agree that Canadian real estate prices remain inflated, the answer to affordable real estate prices is a significant and sustained increase in SUPPLY—not financial tinkering.
Politicians and land-use bureaucrats still hold the keys to unlocking an affordable housing supply. The next time your elected official stands before a mic to tout the wonderful things they are doing to reduce real estate costs REMIND them of the list of policy changes they can MAKE to REALLY improve affordability.��Bureaucratic red tape, lengthy permit approval timelines, rising development fees, higher taxes on builders, increased land transfer taxes, expanding FINTRAC requirements, and restrictive land-use by-laws continue to to HANDCUFF the Canadian real estate SUPPLY.
If a real estate transaction is on your agenda this spring contact me and let's put your plan into action.