Jethi Real Estate

🏦 BANK OF CANADA HOLDS RATE AT 2.25%

📍 No Change to the Policy Interest Rate

What This Means:

✅ Mortgage rates remain relatively stable

✅ Borrowing costs stay predictable

✅ Homebuyers can plan with more confidence

✅ Sellers continue to benefit from improving market activity

For Buyers:
A stable rate environment can provide more certainty when entering the market and securing financing.

For Homeowners:
Variable-rate borrowers won't see changes to their payments from this announcement.

For Investors:
Stable rates may support continued confidence in the housing market.

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📉 GTA Condo Market Update

Only 246 new condos sold across the GTA in Q1 2026, while more than 4,300 completed units remain unsold.

What does this mean?

🏢 Buyers have more choices than we've seen in years.

💰 Builders are facing increased pressure to move inventory.

📊 Pricing and incentives are becoming more competitive in many projects.

While headlines focus on the slowdown, opportunities exist for both buyers and investors who understand the market.

Thinking about buying, selling, or investing in the GTA? Let's talk about what these numbers mean for your specific situation.

📞 Pranav Jethi | Broker 416-833-9043

📞 Rita Jethi | Broker 416-841-2584

Century 21 Innovative Realty Inc.

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