Interest Rate NewsBank of Canada June 4, 2026 — What Markets Expect
Markets price 70% odds of another 25bp cut at the June 4 BoC meeting. Inflation at 2.2%, soft GDP, and the federal election cycle are the dominant factors.
Breaking Ontario real estate news, housing market trends, interest-rate decisions, and developer launches — curated by the Summitly editorial team.
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Interest Rate NewsMarkets price 70% odds of another 25bp cut at the June 4 BoC meeting. Inflation at 2.2%, soft GDP, and the federal election cycle are the dominant factors.
Interest Rate NewsThe 25bp April cut shaves roughly $108/month off carrying cost on a $700k variable-rate mortgage and restores ~$42k of purchasing power for buyers.
Housing TrendsHeat pumps, EV-ready garages, hardwired internet, smart locks, and battery backup are the five upgrades appraisers now flag as value-adding in Ontario.
Most Expensive HomesA Forest Hill estate on Old Forest Hill Rd led spring 2026 sales at $18.4M, followed by a Bridle Path mansion at $16.2M and a Yorkville penthouse at $14.8M.
News & TrendsToronto's Vacant Home Tax is now 3% of CVA (up from 1%). Declarations are due Feb 28 each year. Here's who pays and how to avoid the audit letter.
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