06/10/2026
🏡 Bank of Canada Holds Interest Rate at 2.25%
The Bank of Canada announced today that it is keeping its key interest rate unchanged at 2.25%, providing some stability for buyers, sellers, and homeowners navigating today’s market.
While Canada’s economy remains soft and housing activity has slowed, inflation remains above target and global uncertainties—including elevated oil prices and ongoing trade tensions—continue to influence the Bank’s decisions.
What does this mean for the real estate market?
✔️ Borrowing costs remain stable
✔️ Buyers have more certainty when planning their purchase
✔️ Sellers continue to benefit from active demand in many markets
✔️ A stable rate environment allows both buyers and sellers to make informed decisions with greater confidence
Although today’s announcement wasn’t a rate cut, holding the rate steady is still positive news for those considering a move in 2026.
Whether you’re thinking about buying your first home, upsizing, downsizing, or investing, understanding how interest rates impact the market is key to making the right move.
Have questions about what today’s announcement means for your real estate goals? Send me a message—I’m happy to help!