The Bank of Canada announced it would hold its key interest rate steady at 2.75%, citing global economic uncertainty and risks tied to trade policy. But what does this decision mean for real estate activity here in Edmonton?
Here’s what we’re seeing:
🔹 Buyers:
This is a green light. With borrowing costs staying predictable, your monthly payments remain stable, keeping your purchasing power intact. If you’ve been waiting for a signal to make a move, this might be it.
🔹 Sellers:
Spring is shaping up to be active, especially in well-priced, well-presented homes. The rate hold adds buyer confidence, which means well-prepped listings are seeing strong interest.
🔹 Investors:
Edmonton remains one of Canada’s most attractive cities for real estate investment, especially when comparing price-per-door ratios and rental yield. A steady rate environment supports portfolio expansion with less risk.
If you're wondering how this impacts your plans—whether you're buying your first home, upgrading, downsizing, or investing—we'd be happy to walk you through your best options in today’s market.
📞 Contact us today to talk strategy that suits your goals in 2025.
