Karen Elliott Sales Representative Right at Home Realty

09/18/2025

Enjoyed being part of the Right at Home Realty community support program by helping out at the Barrie Habitat For Humanity Restore.

09/18/2025

Good news for buyers and sellers.

Important update: The Bank of Canada has lowered its key interest rate to 2.5%!

09/17/2025

Congrats to my first-time home buyers who took possession of their new home in Newmarket! So happy for them. It's a great market for first-time buyers with a great selection of inventory, especially with today's interest rate drop. Let's chat to see how I can help you find a home.

09/17/2025

Borrowing costs are coming down for some Canadians after the Bank of Canada on Wednesday delivered its first interest rate cut since March.

The Bank of Canada cut its key interest rate Wednesday by 25 basis points to 2.5 per cent, and this marks the first cut by the central bank since March.

07/03/2025

Congrats to my first-time home buyer that bought and closed a lovely condo in Mississauga. Are you thinking of getting into the real estate market? The inventory is great and prices are improving - let's chat!

06/24/2025

It was a hot one almost 40 degrees but met with Inspector Phil of Mike Holmes Home Inspections checking out a house for a first-time buyer client.

05/23/2025

There is a great inventory of homes and condos for sale in York Region. This, along with more interest rate announcements to come, makes it an ideal time to get into the real estate market. There are also some advantages for first-time home buyers, such as a reduction in Ontario Land Transfer taxes. Let's chat today about how this is an opportune time to begin home ownership. 🏡

05/23/2025

Upcoming Bank of Canada Interest Rate Announcements:

Wednesday, June 4
Wednesday, July 30
Wednesday, September 17
Wednesday, October 29
Wednesday, December 10

04/16/2025

https://www.facebook.com/share/p/1FNrfLEL5i/?mibextid=wwXIfr@

The Bank of Canada maintained its overnight rate at 2.75%, taking a cautious pause after several cuts in recent months. While this might seem like a quiet move, the context behind it reflects a more complex and uncertain economic environment — both globally and here at home.

Spending, hiring, and investment have softened. At the same time, financial markets remain volatile, and oil prices have dropped — creating both risks and opportunities.

💡 What does this mean for real estate?
Borrowing costs remain stable. That gives buyers and sellers a moment to plan with more clarity — even if more rate cuts could still come later this year.

This isn’t a big shift — but it’s a signal. The market is watching, and so are we.

📅 Next announcement: June 4, 2025

👇 What do you think — will rates go lower, or hold where they are? Drop your thoughts in the comments.