06/10/2026
🏦 The Bank of Canada has officially held the overnight rate at 2.25% 🫶🏻bringing continued stability to the market.
What does this mean for real estate? 💡
For buyers, stable rates create more confidence when planning a purchase, budgeting monthly payments and entering the market without the uncertainty of constant rate changes. With inventory available and many great opportunities still out there, this can be an excellent time to make a move before market activity intensifies again.
For sellers, stable borrowing conditions also help keep qualified buyers active and engaged in the market, which is a positive sign for overall real estate activity moving forward.
The market is continuing to balance itself, creating opportunities on both sides depending on your goals.
📅 Next Bank of Canada announcement:
July 15, 2026
If you’ve been thinking about buying, selling, investing, or simply want to understand what today’s announcement means for you personally, feel free to reach out anytime.