The overnight rate remains at 2.75%, providing stability and potential for increased market activity.

Montreal, Canada June 4,2025.

In a recent announcement, the Bank of Canada has decided to maintain the overnight rate at 2.75%. This decision is significant for the real estate market, particularly for home buyers and sellers in the Greater Montreal Area, as it signals a period of interest rate stability. The steady overnight rate is anticipated to encourage market activity, especially with the summer season just around the corner.

"As a real estate broker in the Greater Montreal Area, understanding the influence of the Bank of Canada's decisions on the market is crucial," stated LJ Aguinaga. "By holding the overnight rate stable, the Bank of Canada is providing a predictable environment for both buyers and sellers, which can foster increased confidence and engagement in the real estate market."

• Interest Rate Stability: With the overnight rate steady, buyers and sellers can expect fewer surprises in mortgage rates, allowing for more accurate financial planning.
• Encouraged Market Activity: The stability may lead to increased activity in the market, as potential buyers and sellers feel more secure in making decisions.
• Opportunity for Engagement: As summer approaches, the stable rate may encourage new opportunities for both buyers and sellers to engage with the market.

The decision by the Bank of Canada to maintain the overnight rate is effective immediately. For those considering entering the real estate market, this is an opportune time to explore possibilities with a trusted advisor.

LJ Realties is a leading real estate brokerage in the Greater Montreal Area, dedicated to providing expert guidance and support to home buyers, sellers, and investors. With a focus on delivering clear and informed advice, we are committed to helping our clients navigate the real estate market with confidence.