While the Bank of Canada has slightly raised its overnight lending rate to 2.5% as announced on October 28th (The first time since July 2023), the market remains stable.
The average days on market held steady compared to September 2026 at 48 days, showing a minor improvement over October 2025’s 52 days.
The Buyer’s market continues for now as we are heading into late Fall.
The next announcement regarding interest rates will be made by the Bank of Canada on December 9th, 2026.
As always: if you have any questions, don’t hesitate to contact me!
➡️ 905-321-5050. ⬅️
T.
SO…………… How did your municipality do??
