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home buying in Canada

Canada interest rate drop

How the Bank of Canada’s 2025 Rate Cut Will Impact the Housing Market

January 29, 2025

The Bank of Canada (BoC) has officially reduced its lending rate by 25 basis points, bringing it down to 3%. This marks another step in the central bank’s efforts to stimulate economic growth and keep inflation in check.

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Canadian mortgage rates 2025, home buying in Canada, real estate market trends

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Coquitlam
2963 Glen Dr #400, Coquitlam, BC V3B 2P7

Maple Ridge
#550-20395 Lougheed Hwy,
Maple Ridge, BC V2X 2P9

Royal LePage ELITE West — #400-2963 Glen Drive, Coquitlam, BC V3B 2P7 | #550-20395 Lougheed Hwy, Maple Ridge, BC V2X 2P9 — 778-682-8822
© 2026 ABODE Real Estate Group
Home / home buying in Canada
This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy. Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, and BC Northern Real Estate Board. All rights reserved. Listing data last updated 2026-03-13T15:12:56Z.
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