Tiny Rate Moves, Big Buyer Energy

By ROGER TOWNSENDFinancing, Newsletter November 12, 2025

GTA Housing Market – Quick Overview

Even small changes in interest rates can have a big impact. The latest move by the Bank of

Canada is giving GTA buyers a fresh spark of opportunity.

In October 2025, the Bank lowered its key overnight rate to 2.25%. It’s a modest shift, but it’s

already influencing borrowing costs and buyer behaviour across the region.

What This Means for Buyers

Lower monthly payments on variable-rate mortgages

Increased buying power, allowing buyers to afford more or pay off their mortgage faster

Stronger negotiating position with higher inventory and slightly softer prices

These small adjustments can make a big difference for active buyers ready to make a move.

GTA Market Snapshot

Home sales are rising following the rate drop, showing renewed buyer activity

Average home prices are slightly down year over year, giving buyers more room to

enter or upgrade

Inventory levels remain healthy, offering more options and flexibility

Together, these factors are creating what we’re calling “big buyer energy.”

Buyers who are prepared, pre-approved, and ready to act can take advantage of today’s

conditions to secure a property that fits both their lifestyle and financial goals.In Short

The recent rate drop makes now a smart time for buyers to explore opportunities in the GTA

market.

If you’re considering a move or want to understand how current rates affect your purchasing

power, our team at Elite Realty Group is here to guide you every step of the way.

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