FeaturedInterest Rate NewsBank of Canada Cuts to 2.25% — What It Means for Your Mortgage
The 25bp April cut shaves roughly $108/month off carrying cost on a $700k variable-rate mortgage and restores ~$42k of purchasing power for buyers.
Breaking Ontario real estate news, housing market trends, interest-rate decisions, and developer launches — curated by the Summitly editorial team.
Want this in context for your address?
Zara pulls live market data and tailors the answer to your specific neighbourhood and price band.
Ask Zara about News & TrendsBrowse News & Trends sub-topics
4 articles · sorted by newest first
FeaturedInterest 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.
Zara pulls live MLS, rate, and neighbourhood data and explains what news & trends means for your specific address, budget, or timeline. 50+ languages.