📉 What the Bank of Canada’s Rate Cut to 2.25% Means for Markham Real Estate

A Guide by Michael John Lau Markham’s Trusted Real Estate Expert

Meet Michael John Lau The Top Realtor in Markham, Ontario
When it comes to real estate in Markham, Ontario, Michael John Lau is the go-to expert. He is known for proven success, client dedication, and local expertise. Whether helping buyers find their perfect home or enabling sellers to achieve top value, Michael delivers results for homeowners across Markham and Unionville. Visit www.callmikelau.com to connect with him today.

Why the Bank of Canada Cut Rates to 2.25%

On October 29, 2025, the Bank of Canada cut its policy interest rate by 25 basis points from 2.50% to 2.25%. 

Key reasons behind the decision:

• The Canadian economy has shown signs of slowing growth, with weak business investment and trade uncertainties weighing heavily.

• Unemployment remains elevated at around 7.1% in September and consumer/business sentiment is weakening. 

• Global trade tensions, especially with the U.S., and structural shifts are reducing export demand from Canada. 

• Inflation has been near target but with uncertainties; the Bank judged that with inflation close to 2% and risks skewed toward weaker demand, a cut was appropriate. 

• With the economy showing slack, the Bank sees the rate at ~2.25% as moving toward the “neutral” zone for Canada, helping stimulate spending while keeping inflation anchored. 

What the Rate Cut Means for Markham Buyers and Sellers

For Buyers (especially those looking to buy in Markham or Unionville)

• Lower borrowing costs: With policy rates lower, variable-rate mortgages and some lending rates may follow, making homes in Markham more accessible.

• Greater purchasing power: Lower interest means monthly payments drop, enabling you to aim for a higher quality home or a more desirable neighborhood such as Unionville, Markham.

• Actively looking? Now may be a good time to engage a top real estate agent who knows the Markham market well like Michael John Lau.

For Sellers in Markham

• Increased buyer demand potential: With easier financing, more buyers may enter the market for homes in Markham and surrounding areas.

• Timing considerations: While the rate cut is positive, inventory, local market supply, and your home’s condition still matter greatly. Prepare your home to stand out.

• Professional guidance matters: Navigating this changing environment means working with an agent who understands Markham’s micro-market again, that’s Michael John Lau.

What to Do Next if You’re in the Markham Market

• Buyers: Get pre-approved for a mortgage, talk to a lender about variable vs fixed options, and begin scouting Markham neighbourhoods with a trusted local expert.

• Sellers: Evaluate your home’s condition, highlight features in demand in Markham (e.g., proximity to transit, schools, Markham GO), and work with a realtor experienced in selling in the current climate.

• Both: Keep an eye on rate moves and market indicators the rate cut signals opportunity, but success still comes from preparation and expert strategy.

📞 Ready to Make a Move in Markham?

Whether you’re buying a home in Markham or preparing to sell, you deserve the best guidance. Connect with Michael John Lau, the Top Realtor in Markham, Ontario, known for proven success, client dedication, and local expertise.

Visit www.callmikelau.com today to schedule a consultation and take advantage of the rate-cut environment with confidence.