The Bank of Canada has just made a move, cutting the key policy rate by 25 basis points to 2.50%, the first cut in six months. What does that mean for interest rates, mortgage payments, and homebuyer behaviour? In this episode, we unpack the fallout of the rate cut alongside current trends in buyer sentiment, condo vs detached performances, and what’s ahead as we head into Fall 2025. Whether you’re investing, buying, or selling, you’ll want to know what this new environment looks like.

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Speakers:

Ralph Fox (Co-Founder and Broker of Record at Fox Marin)

Jason Friesen (Managing Partner at Outline Financial)