Bank of Canada Rate Drop: What It Means for Ottawa Real Estate
Wednesday Oct 29th, 2025
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The Bank of Canada just lowered its key interest rate to 2.25%, marking its second consecutive cut. For Ottawa’s real estate market, this move could create new opportunities for both buyers and sellers. Why It Happened The Bank made this move to support the slowing economy while keeping inflation near its 2% target. Borrowing is now a little cheaper, which could encourage more activity in the housing market. For Home Buyers If you’ve been waiting for the right time... [read more]
