There’s a lot of buzz around interest rates these days, and recent Bank of Canada research sheds new light on what those rate cuts actually mean for homebuyers. It turns out that when rates drop, housing demand rises quickly—but supply doesn’t catch up for about two years. That means those lower borrowing costs might help more people shop for homes, but they can also push prices even higher, especially with today’s high building costs in the mix. As someone who’s passionate about real estate and helping clients navigate every twist and turn, I know firsthand that affordability isn’t just about rates—it’s about timing, supply, and smart strategy. My goal is always to guide you through these challenges, combining trusted service with up-to-date local knowledge, so you feel confident no matter what the market brings.
