The Bank of Canada has just lowered its key interest rate by 0.25% — now sitting at 2.50%.
What does this mean for the Calgary, Airdrie & area housing market?
Buyers: Lower borrowing costs = more purchasing power. That dream home just got a little more affordable!
Sellers: Increased affordability can spark buyer activity, which is good news if you’re listing soon.
Market Impact: With inventory still tight in many communities, even a small rate drop can shift momentum toward quicker sales and stronger competition.
Whether you’re thinking of upsizing, downsizing, or investing — this could be the window you’ve been waiting for.
Curious how this change affects your buying power or home value? Let’s chat!
Rene Simpson | Legacy Real Estate Services
