09 Jan A Steadier Market, A Smarter Year Ahead
Posted at 01:34h
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As we settle into the new year, I want to start by wishing you and your family a healthy, calm, and hopeful 2026. A new year always brings fresh perspective — and it’s a great time to reflect on where we’ve been and where we’re headed in Canada’s housing and mortgage markets. Looking Back at 2025: Progress, Not Perfection
Looking Back at 2025: Progress, Not Perfection
If 2024 was the turning point for interest rates, 2025 was the year of adjustment.
Throughout the year, the Bank of Canada made four rate cuts, bringing the policy rate down from 3.25% to 2.25% by late October. That easing flowed through to prime rates, offering some welcome breathing room for variable-rate borrowers and households managing rising costs.