Bank of Canada Holds Interest Rate at 2.75% for Third Straight Time: What Buyers & Sellers Need to Know

The Bank of Canada (BoC) has once again held its key interest rate steady at 2.75%, marking the third consecutive pause since its last rate cut. This move, announced today, reflects ongoing caution from the central bank as it gauges economic conditions and inflationary trends across the country.

📅 Next Rate Announcement: September 17, 2025
📉 Current Policy Rate: 2.75%

According to the Financial Post, this decision comes amid signs of slowing inflation, a cooling housing market, and uncertain global conditions. The Bank of Canada continues to take a measured approach, aiming to strike the right balance between stabilizing prices and supporting economic growth.

What Does This Mean for Homebuyers?

If you're planning to buy a home in 2025, this is good news. A stable interest rate means mortgage rates are likely to remain consistent in the short term, giving you time to plan your financing and make informed decisions.

Key takeaways for buyers:
✅ Mortgage affordability remains steady
✅ Fixed and variable rates may not rise in the near term
✅ Opportunity to enter the market with confidence

What Does This Mean for Sellers?

For homeowners considering selling, a stable rate environment helps maintain buyer confidence, especially among first-time buyers and those on the fence. The pause in rate hikes helps buyers re-enter the market, potentially driving up showings and offers.

Key takeaways for sellers:
✅ More buyer interest and traffic
✅ Predictable market behaviour
✅ Better chance of achieving asking price

Why Is the Bank of Canada Holding Steady?

The BoC’s decision to hold at 2.75% reflects multiple economic factors, including:

• Controlled inflation: Though still above the target, inflation has slowed significantly.

• Weaker consumer spending: Higher debt loads and reduced household savings are curbing demand.

• Housing market moderation: Home prices are stabilizing in many regions.

• Global economic uncertainty: Ongoing international market shifts continue to impact Canada’s economic outlook.

What's Next?

📍 Mark your calendars:
The next interest rate announcement from the Bank of Canada is scheduled for September 17, 2025.

Until then, both buyers and sellers can benefit from a window of stability. If you're thinking of making a move, now may be a strategic time to act — before any potential changes later this year.

At Ana Bastas Realty, we’re closely monitoring market trends and rate announcements so you don’t have to. Whether you’re looking to buy, sell, or simply explore your options, we’re here to help you navigate this evolving market with confidence.

📞 Let’s chat today about your next move!

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📍 www.anabastas.ca
📧 info@anabastas.ca
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