Tag: mortgage affordability canada
-
Bank of Canada Holds Interest Rate at 2.25% – What It Means for Canadian Home Buyers
The Bank of Canada held its key interest rate at 2.25 percent on December 10, 2025, a decision widely expected by economists as inflation trends lower and the economy shows stronger-than-anticipated growth. Markets had priced in more than a 90 percent chance of a hold, signaling confidence that current policy settings are appropriate for keeping inflation near…
-
Canadian and US Real Estate Affordability Improved, Still Near Record Lows
Housing affordability is finally showing signs of life in both Canada and the United States. A new report from BMO Capital Markets shows that falling home prices and lower borrowing costs have pushed affordability to a multi-year high in both countries. However, the bank warns that the improvement is modest and affordability remains near multi-generational lows. In…
Canada Housing Market 