Sabin.Biris

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🇨🇦 The Bank of Canada held its overnight rate at 2.25%, marking its 5th consecutive rate hold.

While rates remain unchanged, the bigger story is what comes next.

🏡 For Buyers:
Variable mortgage rates remain stable, giving you more certainty when planning your next move. Financing costs haven’t increased, but future rate cuts are far from guaranteed.

🏡 For Sellers:
Stable borrowing costs help maintain buyer confidence and affordability. In today’s market, pricing and strategy continue to matter more than waiting for the next rate announcement.

💡 The Takeaway:
The Bank of Canada is balancing two competing challenges:
📉 Slower economic growth
📈 Inflation that remains above target

As a result, policymakers are keeping all options on the table.
🔹 Rates could be cut if trade tensions or economic weakness worsen.
🔹 Rates could rise if inflation spreads beyond energy costs and becomes more persistent.
🔹 Inflation is expected to hover near 3% in the coming months before gradually easing.
🔹 Canada remains in a technical recession, but recent job growth has shown encouraging signs.
🔹 No change today for variable-rate mortgages or HELOC holders.

📊 The market rarely waits for headlines. By the time interest rate changes arrive, opportunities have often already shifted.

📅 Remaining Bank of Canada announcements in 2026:
• July 15
• September 2
• October 28
• December 9

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📲 Whether you’re buying, selling, investing, or simply planning ahead, understanding the market is what turns uncertainty into opportunity. 🏡
SABIN BIRIS | Real Estate Sales Representative
📱 (647) 533-7177
📧 [email protected]

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🚨⬇️

OVERVIEW 📊:
Why do buyers still have the edge? 🏡 The spring market is naturally offering better results and it does. 📊 Month-over-month sales and prices are up again, demonstrating that inventory is moving better to the relief of sellers. 🙌 However, properties still take on average 40+ days to sell at the right price ⏳, supply remains higher than demand 📦, and year-over-year prices are still down by -4.9% 📉. To add, the stats reflect the GTA as a whole but trends vary by type of home 🏡 and location. 📍

MONTH-OVER-MONTH:
📈 Sales: +18%
📈 Prices: +3.36%
⏳ Average days to sell: 43

YEAR-OVER-YEAR:
🔻Performance: Sales +7% | Prices -4.9% | Supply -6.4%

NOW WHAT❓🤔
Are you in the market to buy, sell or lease? 🏡 Let’s discuss the pros and cons of getting in the market right now 🗓️💰 Everyone’s situation is different, which is why we offer plans tailored to the needs of every client to help them achieve their real estate goals confidently and stress-free. Additionally, we offer a wide range of in-house resources to help you step-by-step 👨‍💻💼

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📲 Buy smart. Sell smart. Let’s make it happen. 🏡✅

SABIN BIRIS | Real Estate Sales Representative
📱 (647) 533-7177 | 📧 [email protected]

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🚨⬇️

🇨🇦 The Bank of Canada kept rates unchanged for the 4th straight time, signalling that if the economy stays on track, future moves should be small and cautious. 📉📈

🏡 For buyers & sellers:
This means borrowing costs remain relatively stable for now, creating a window to plan strategically before the next move. Markets often shift before headlines do.

💡 Takeaway: Rates are steady today, but uncertainty remains. Smart moves in real estate come from planning ahead, not reacting late.

🔹 Inflation may rise near 3% short-term, mainly from higher gas & food prices, before easing back toward 2% next year.
🔹 If oil prices stay high: future rate hikes are possible.
🔹 If U.S. tariffs/trade tensions worsen: rate cuts could happen to support the economy.
🔹 Growth remains modest, with Canada forecast around 1.2% in 2026.

📅 Next Bank of Canada decision: June 10

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📲 Buy smart. Sell smart. Let’s make it happen. 🏡✅

SABIN BIRIS | Real Estate Sales Representative
📱 : (647) 533-7177
📧 : [email protected]

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🏆

✨Timeless Craftsmanship | Elevated Comfort | Steps to Top Rated Schools

📍 3239 Millicent Ave, Oakville
💰 $1,900,000
📏 Over 3,700 of Luxury Living Space
🛏 4 Bedrooms
🛁 5 Bathrooms
🚗 4 Parking Spaces
🤩 Custom Details Throughout
MLS: W12934324

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📲 Buy smart. Sell smart. Let’s make it happen. 🏡✅

SABIN BIRIS | Real Estate Sales Representative
📱 : (647) 533-7177
📧 : [email protected]

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