09/02/2026
π¦ Bank of Canada holds the key rate at 2.25%. Here's what it means for you. π Swipe through.
The Bank kept its overnight rate steady this announcement, giving buyers and homeowners a little more certainty heading into the fall market. And the backdrop is encouraging: π Q2 GDP came in strong at +3.3%, unemployment edged down to 6.4% in July, and inflation (excluding gas) sat at a comfortable 2.2% - close to the Bank's 2% target.
For the housing market, stability in rates + a strengthening economy is a healthy combination. Whether you're thinking of buying, selling, or just timing your next move, this is the kind of market where good advice pays off.
π
Next Bank of Canada rate announcement: October 28, 2026.
Thinking of making a move? Call or DM us at (647) 695-9012. W'll help you read the market and plan your next step. π²
Team Sur Real Estate | Royal LePage