07/15/2026
📢 The Bank of Canada has held its overnight interest rate at 2.25%.
While there wasn’t a rate cut today, this is still positive news for the housing market.
For buyers, stable rates mean more confidence when planning a purchase and securing financing. For sellers, it helps keep qualified buyers active, supporting continued demand for well-priced homes.
We’re already seeing momentum build across the Toronto market, and today’s announcement provides another layer of stability for those considering making a move.
Thinking about buying or selling this year? Let’s chat about what today’s decision means for your plans.
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