Tag: mortgage rates Canada
-
What Experts Predict for the Dec 10 Bank of Canada Rate Announcement
The Bank of Canada’s next interest rate decision on December 10, 2025 is one of the most anticipated announcements of the year. After cutting the overnight rate to 2.25% in October, economists are now divided on whether the Bank will continue easing or pause to assess the economy. Most experts agree on one thing: a hold is now…
-
Canadian Home Sales Rise Again in October as Market Momentum Builds: CREA November 2025 Report
Canadian home sales edged up again in October 2025, marking six increases in the past seven months. Here’s what the latest CREA housing market report reveals about sales, prices, inventory, and what buyers and sellers can expect heading into 2026.
-
Canadian Home Sales Decline 1.7% in September 2025
The Canadian housing market showed signs of cooling in September 2025, as home sales declined 1.7% month-over-month, according to new data from the Canadian Real Estate Association (CREA). The drop ends a streak of steady monthly increases that began in April. Despite this pullback, activity remains strong compared to previous years, with sales running at their highest September level since…
-
How a U.S. Trade War Could Impact Canada’s Housing Market
A potential trade war with the U.S. could significantly impact Canada’s housing market by driving up construction and renovation costs. Experts warn that new tariffs could raise the price of homebuilding materials, making homes less affordable and reducing new housing supply. How Tariffs Could Affect Home Prices The U.S. and Canada are major trading partners,…
-
Don’t Rule Out a 75-Point Rate Cut: Bank of Canada Set for Big Decision
The Bank of Canada is set to make a major announcement on its overnight interest rate tomorrow, and most economists are predicting a significant cut. While a 50-basis-point reduction is the most likely outcome, some experts suggest that an even bigger cut—75 basis points—could be on the table. Could We See a 75-Basis-Point Cut? Avery…
-
Bank of Canada Lowers Key Interest Rate to 4.25% Amid Slowing Inflation
The Bank of Canada has reduced its benchmark interest rate for the third time in a row, bringing the rate down to 4.25%. This decision, announced on September 4, 2024, reflects the central bank’s response to cooling inflation and growing concerns about economic growth. The widely anticipated quarter-percentage-point cut follows a series of interest rate…
Canada Housing Market 