10/29/2026
🏡 Bank of Canada Interest Rate Update 🇨🇦
On October 28, 2026, the Bank of Canada increased its key interest rate by 0.25 percentage points, bringing it from 2.25% to 2.50%.
📈 What does this mean for the real estate market?
Changes in interest rates can affect mortgage costs, purchasing power, and decisions about buying or selling a home.
Whether you're planning to buy, sell, or invest, staying informed is key to making confident real estate decisions.
Team Khurana
📞 416-451-2262