{"id":1498,"date":"2026-04-24T10:45:16","date_gmt":"2026-04-24T15:45:16","guid":{"rendered":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/04\/24\/boc-rate-decision-what-gta-homeowners-need-to-know\/"},"modified":"2026-04-24T10:45:16","modified_gmt":"2026-04-24T15:45:16","slug":"boc-rate-decision-what-gta-homeowners-need-to-know","status":"publish","type":"post","link":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/04\/24\/boc-rate-decision-what-gta-homeowners-need-to-know\/","title":{"rendered":"BoC Rate Decision: What GTA Homeowners Need to Know"},"content":{"rendered":"

As GTA homeowners and investors look toward the Bank of Canada\u2019s upcoming April 29th decision, industry experts are calling a rate hold a \u2018slam dunk.\u2019 Despite a recent uptick in annual inflation to 2.4%\u2014largely fueled by geopolitical tensions in the Middle East\u2014TD Bank\u2019s deputy chief economist, Derek Burleton, suggests the central bank will likely ‘look through’ this temporary shock. Speaking at the recent CMBA-ON conference, Burleton noted that the current rate of 2.25% sits at a comfortable, neutral level for the BoC. While inflation could climb toward 4% in the near term, the ongoing softness in the Canadian economy means the bar for further rate hikes remains high. In fact, if the Bank moves, a cut is considered more likely than a hike. For a deeper dive into how these macroeconomic factors may influence your mortgage strategy, read the full analysis at MPA Mag.<\/p>\n

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Source: Read the original article<\/a><\/em><\/p>\n

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Expect a rate hold on April 29th as the Bank of Canada navigates inflation shocks and a soft economy, says TD economist Derek Burleton.<\/p>\n","protected":false},"author":3,"featured_media":1497,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178],"tags":[260,447,630,213,212],"class_list":["post-1498","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-data","tag-bank-of-canada","tag-gta-real-estate","tag-inflation","tag-interest-rates","tag-mortgage-rates"],"_links":{"self":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/comments?post=1498"}],"version-history":[{"count":0,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1498\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media\/1497"}],"wp:attachment":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media?parent=1498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/categories?post=1498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/tags?post=1498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}