Market Insights

“Higher for longer” was the phrase of 2023. It is back — and this time it arrived with an actual rate hike attached. What happened on October 28 (the 30-second version) On October 28, the Bank of Canada raised its policy rate a quarter point to 2.50%, its first hike since July 2023. The Bank’s…

If you only read one housing headline this month, make it this one: prices in Greater Vancouver are lower than a year ago — and the interest-rate story flipped in the last week of October. Those two facts together matter more than either one alone. What the Q3 numbers actually say Royal LePage’s Q3 2026…