The Blog
Bank of Canada Holds Rates at 2.75%: What It Means for Real Estate in 2025
The Bank of Canada held its key interest rate at 2.75% in April 2025, marking the first pause after a series of cuts. In this post, I break down the latest Monetary Policy Report, what it signals about future rate changes, and how all of this is already affecting the Toronto real estate market. Whether you're buying, selling, or just watching from the sidelines, here’s what you need to know.
The Bank of Canada has raised the interest rate by 0.25%!
The Canadian housing market has been a topic of significant interest and discussion, and recent developments have brought even more attention to it. The Bank of Canada has announced a 0.25% increase in the interest rate, prompting concerns and speculations about its potential effects on the housing market. In this blog post, we will delve into the implications of this interest rate hike, shedding light on its impact on fixed rates, market sentiment, and the prevalent "fear of missing out" phenomenon.