Bank of Canada maintains the policy rate at 2¼%

Posted on Jul 15, 2026

FOR IMMEDIATE RELEASE

Media Relations Ottawa, Ontario
July 15, 2026

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.

Canada’s economy is showing signs of improvement. Growth is picking up and inflation is projected to ease gradually from its recent spike. There are still...

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Greater Vancouver home sales pick up at the start of summer

Posted on Jul 03, 2026

FOR IMMEDIATE RELEASE

July 3, 2026
– VANCOUVER, BC –


Demand for all home types in Metro Vancouver* increased to start the summer, with home sales up nearly ten per cent year-over-year in June.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,390 in June 2026, a 9.6 per cent increase from the 2,181 sales rec...

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Fraser Valley is becoming more affordable — but buyers are still holding back

Posted on Jul 03, 2026

For Immediate Release

July 3, 2026
– SURREY, BC –

Home prices in the Fraser Valley continued to become more affordable in June, with Benchmark prices now sitting 26 per cent below their 2022 peak. Prices edged down another 0.9 per cent during the month, reinforcing buyer-friendly conditions despite a sluggish market.

The Fraser Valley Real Estate Board...

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