The Bank of Canada has decided to hold its key interest rate steady at 2.25%. With Canada’s GDP climbing 3.3% in the second quarter and unemployment dipping to 6.4% in July, there’s a lot for homeowners and buyers to consider as our economy continues to recover—but also as inflation risks remain on the radar. The next rate review is scheduled for October 28, 2026, when the Bank will take another look at these economic trends.
As someone who calls Southern Alberta home and works closely with families and individuals across our communities, I know how much these decisions can shape real estate plans—whether you’re thinking of buying, selling, or simply wondering how the latest numbers might affect your next move. My approach is always people-first and rooted in local knowledge, so if you have questions or want to talk through what these updates could mean for your situation, I’m here to share honest, down-to-earth advice. Real estate is personal, and staying informed helps us make the best decisions for our families and our future.
