Realty Executives Toronto

📢 The Bank of Canada has held its key interest rate steady at 2.75%, marking the end of a streak of seven consecutive cuts. This decision follows fresh inflation data and growing uncertainty around global trade tensions.

💡 What does this mean for you? With rates holding and economic signals mixed, it’s more important than ever to review your mortgage strategy. Whether you're renewing, refinancing, or buying, your Mortgage Broker is here to help you make informed decisions.

Need more details, Home Evaluation or a Letter of Opinion for your lawyer to settle Wills and Estates?
Contact me directly: [email protected]

The Bank of Canada has cut its policy rate to 2.75%, helping keep borrowing costs lower despite ongoing trade uncertainties. The good news? Canada’s economy saw 2.6% growth in Q4, and inflation remains stable. Now could be the perfect time to review your mortgage strategy and take advantage of lower rates! 💰✨

The year started off with GTA REALTORS® reporting 3,847 home sales through TRREB’s MLS® System in January 2025 – down by 7.9 per cent compared to the same period last year. New listings in the MLS® System amounted to 12,392 – up by 48.6 per cent year-over-year. On a seasonally adjusted basis, January sales were up month-overmonth compared to December 2024. The MLS® Home Price Index Composite benchmark was up by 0.44 per cent year-over year in January 2025. The average selling price, at $1,040,994, was up by 1.5 per cent compared to the January 2024.
Contact me directly should you need your Home Evaluation if you’re considering DownSizing or ReLocating!
Vik Krikorian, Broker: [email protected]