Tag: real estate news Canada
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Bank of Canada Raises Interest Rate to 2.5% as Governor Warns Inflation Could Spread Across Canada
Canada’s central bank has raised interest rates for the first time in a year, bringing its benchmark rate to 2.5% as concerns grow over persistent inflation and rising energy prices. The Bank of Canada announced a 0.25 percentage-point increase to its policy interest rate on October 28, 2026, raising it from 2.25% to 2.5%. Governor…
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Nova Scotia Sees Canada’s Largest Home Price Drop as PEI and Quebec Defy the Market
February 1, 2026 Most Canadian housing markets have so far held up better than expected during the national downturn – but cracks are starting to show. New data from the Canadian Real Estate Association (CREA) reveals that home prices fell again in December, with only Prince Edward Island and Quebec managing to post gains. While…
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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…
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GTA Active Listings Reach 31,000 in May- Highest in Nearly 25 Years
The Greater Toronto Area (GTA) just hit a historic real estate milestone. In May 2025, active listings reached 30,964, the highest end-of-month count recorded since at least August 2002, according to the Toronto Regional Real Estate Board (TRREB). This 25-year high signals a major shift in the region’s housing landscape—one that heavily favors buyers. 📊…
