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Bank of Canada Holds Interest Rate at 2.25%: What It Means for Calgary Real Estate

The Bank of Canada has announced that it is maintaining its key overnight lending rate at 2.25%.

For many Calgary homeowners, buyers, and investors, the immediate question is:

"What does this mean for the real estate market?"

The answer is encouraging.

Why Did the Bank of Canada Hold Rates?

The Bank of Canada continues to balance inflation, economic growth, employment levels, and consumer spending when determining monetary policy.

By maintaining the rate at 2.25%, the Bank is signaling that current economic conditions do not require immediate adjustment.

For consumers, stability often creates confidence.

What Does This Mean for Calgary Home Buyers?

For buyers, stable interest rates provide predictability.

Rather than reacting to sudden rate increases or decreases, buyers can focus on:

  • Budget planning

  • Mortgage qualification

  • Property selection

  • Long-term financial goals

Many buyers who have been waiting on the sidelines may view this stability as an opportunity to move forward with confidence.

What Does This Mean for Calgary Home Sellers?

Stable rates help support buyer activity.

When financing costs remain predictable, qualified buyers are often more comfortable entering the market.

For sellers, this can help maintain healthy demand levels and continued transaction activity.

What Does This Mean for Current Homeowners?

Homeowners with upcoming mortgage renewals should continue monitoring market conditions and discussing options with their mortgage professional.

While today's announcement does not change rates, it provides insight into the Bank of Canada's current outlook.

Frequently Asked Questions

What is the current Bank of Canada interest rate?

The Bank of Canada has maintained its key overnight lending rate at 2.25%.

Will mortgage rates decrease?

Mortgage rates depend on several factors, including bond yields, lender policies, and future Bank of Canada decisions.

Is now a good time to buy a home in Calgary?

Every buyer's situation is unique. The best time to buy depends on your financial goals, lifestyle needs, and long-term plans.

How does the Bank of Canada affect real estate?

Interest rate decisions influence borrowing costs, affordability, consumer confidence, and housing demand.

Final Thoughts

Today's announcement provides continued stability for Calgary's housing market.

Whether you're considering buying your first home, moving up, downsizing, or investing, understanding how interest rate decisions impact your options is an important part of making informed decisions.

If you'd like to discuss what today's announcement means for your specific situation, I'd be happy to help.

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Calgary Real Estate Market Update: May 2026

The Calgary housing market continued its transition toward more balanced conditions in May 2026.

Sales totaled 2,162 homes while new listings reached 4,226 properties. Inventory climbed to 6,752 homes, bringing months of supply to 3.12 across the city.

While inventory has increased, the story varies by property type.

Detached homes remain relatively balanced with approximately 2.45 months of supply and a benchmark price of $747,800. Apartment-style properties have moved further into buyer-favoured conditions with more than five months of supply and a benchmark price of $300,400.

For Point McKay homeowners, this shift means strategy is becoming increasingly important.

The days of simply putting a property on the market and expecting immediate results are becoming less common. Buyers have more choices, and well-positioned homes are attracting the most attention.

Whether you're planning a move this year or simply staying informed, understanding local conditions can help you make smarter real estate decisions.

If you'd like a custom Point McKay market review, reach out anytime.

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New property listed in Montgomery, Calgary

I have listed a new property at 5233 17 AVENUE NW in Calgary. See details here

Welcome to this beautifully updated bi level duplex in the heart of Montgomery NW, an inner-city community that blends small-town charm with easy access to the Rockies. This home offers an open concept design, modern finishes, functional living spaces, and a layout ideal for families, investors, or multi generational living. Thoughtfully maintained, this home blends comfort with convenience in one of Calgary’s most desirable communities. The main level features a fully renovated kitchen with contemporary cabinetry, stainless steel appliances, and ample counter space, perfect for everyday cooking and entertaining. The adjoining dining area flows seamlessly into a bright living room highlighted by a wood burning fireplace and large windows that fill the space with natural light. Step out onto the front balcony, an ideal spot for morning coffee or evening relaxation. This level is complete with a spacious primary bedroom, a second bedroom, and a 4 piece bathroom. The lower level offers exceptional versatility with two additional bedrooms, a second 4 piece bathroom, a comfortable family room, dedicated laundry space, and a second kitchen – a fantastic setup for extended family, guests, or potential rental opportunities. Outside, the property includes a fully fenced backyard – currently an open canvas that can be turned into the perfect outdoor oasis for friends and family gatherings, gardening, reading a good book or playing with the family dog. There is a parking pad at the rear of the home, with additional street parking available. The home backs onto an alleyway, ensuring privacy with no direct rear neighbours. Located steps from Shouldice Aquatic Centre, Edworthy Park, Bowness Park, schools, shopping and dining and quick access to major routes, this home delivers both lifestyle and value in a vibrant, established community. A wonderful opportunity to own a flexible, updated home in sought after Montgomery!

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New property listed in Tuscany, Calgary

I have listed a new property at 159 223 Tuscany Springs BOULEVARD NW in Calgary. See details here

Welcome to this beautifully maintained first-floor condo in the highly sought-after Sierras of Tuscany, a premier 40+ adult living community in NW Calgary. Offering 1,065 sq. ft. of thoughtfully designed living space, this bright and inviting home combines comfort, functionality, and an exceptional lifestyle. Ideally positioned as an end unit, the property enjoys added privacy with only one shared wall and an abundance of natural light streaming through the extra windows. The open-concept layout creates a seamless flow between the kitchen, dining, and living areas, perfect for both everyday living and entertaining. The living room is warm and welcoming, highlighted by a cozy fireplace and large windows that enhance the airy feel of the space. The well-appointed kitchen offers stainless steel appliances, ample cabinetry and counter space, making meal preparation both practical and enjoyable, while the adjacent dining area provides plenty of room to host family and friends. Step outside to your private outdoor space, ideal for relaxing with a morning coffee or unwinding in the evening. The private balcony also includes a gas hook-up for BBQ. This home features two generously sized bedrooms, including a spacious primary retreat complete with a walk-in closet and a 3-piece ensuite. A second bedroom is perfect for guests, hobbies, or a home office, and is conveniently equipped with a murphy bed. Your guests will also have easy access to a full 4-piece bathroom. Additional highlights include in-unit laundry hook-up, ample storage and air conditioning. Given the location of this unit, guests can easily park on the main road and access your home through the side entrance. Condo fees include all utilities—heat, water, sewer, gas, and electricity. Residents of the Sierras of Tuscany enjoy access to an impressive array of resort-style amenities such as a swimming pool & hot tub, car wash, a woodworking shop, game room and library, fostering a vibrant and active community atmosphere. Conveniently located close to transit, shopping, walking paths, and all the amenities of Tuscany, this home offers the perfect balance of tranquility and accessibility. Whether you are looking to downsize or simply enjoy a maintenance-free lifestyle in a welcoming community, this exceptional property is a must-see!

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New property listed in Garrison Woods, Calgary

I have listed a new property at 230 Garrison SQUARE SW in Calgary. See details here

SUPER RARE END UNIT Bilevel Bungalow with LOW Condo Fees overlooking Garrison Square, offering over 2,000 sq. ft. of beautifully developed living space in one of Calgary’s most sought-after inner-city communities. It's ideally designed with a private separate entrance to the office/lower level, perfect for a home office. This home is flooded with natural light from the south and east, this stylish home features an open-concept main floor, a spacious primary suite with a luxurious ensuite complete with a Victoria + Albert soaker tub and separate custom marble shower, and a well-appointed kitchen with ample cabinetry, walk-in pantry, premium stainless-steel appliances (Miele and Kitchen Aid) and gas range. Step out to the large private rear deck, an ideal retreat for quiet mornings or summer entertaining. The fully developed lower level adds exceptional flexibility with a generous family/media room, two additional bedrooms each with their own ensuite, and a large laundry room. A separate rear entrance to one of the lower bedrooms/home office, creates outstanding potential for a private client-facing workspace, guest suite, or added income option. Beyond the home itself, the location is exceptional: enjoy the tree-lined charm and historic character of Garrison Woods, the unmatched walkability and vibrant shops, cafés, restaurants, and everyday conveniences of Marda Loop, and easy access to Sandy Beach, River Park, and the Elbow River pathways for year-round recreation. Safeway, Blush Lane, Starbucks, COBS Bread, Village Ice Cream and dozens of local favourites are all just a short stroll away. This is the perfect blend of comfort, convenience, and community—an exceptional home in an unbeatable location. We think you should buy it :)

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Open House. Open House on Sunday, May 24, 2026 2:00PM - 4:00PM

Please visit our Open House at 237 Kinniburgh WAY in Chestermere. See details here

Open House on Sunday, May 24, 2026 2:00PM - 4:00PM

OPEN HOUSE SUNDAY MAY 24th 2-4pm ***Welcome to this beautifully appointed home in North Kinniburgh! Crafted for modern family living with exceptional workmanship, thoughtful upgrades, and a rare setting with no neighbours behind for added privacy and uninterrupted views. With over $80,000 in premium enhancements, this residence delivers the comfort of a move-in-ready home with the elevated finish of a luxury build. The main floor features solid hardwood flooring which adds warmth, durability, and timeless style, perfect for busy households. A spacious front dining room creates a welcoming space for holidays and hosting, while the bright living room features a gas fireplace and large windows that frame the open backdrop, bringing in natural light and a sense of calm. The open, functional layout keeps everyone connected while still offering defined spaces for work, gathering, and relaxation. The gourmet kitchen is built to impress with premium appliances that elevate every meal; a WOLF induction cooktop for precise, responsive cooking, JennAir built-in oven and convection oven for reliable results, Miele dishwasher, a Samsung 32 cu. ft. refrigerator for generous capacity, and a U-Line beverage fridge to keep drinks perfectly chilled when entertaining. Granite countertops offer lasting beauty and easy maintenance, while the walk-in pantry and generous breakfast nook provide the storage and everyday functionality families crave. Retreat to the vaulted primary bedroom, an airy, private escape that feels like a boutique hotel. The 5-piece ensuite features upgraded tile and shower finishes, creating a spa-like experience, and the expansive walk-in closet keeps your wardrobe organized and out of sight. Three additional bedrooms and a convenient Jack & Jill 5-piece bathroom make morning routines smoother for kids and guests alike. A bright bonus room offers the ideal spot for a playroom, media space, or homework zone, and upper-floor laundry with a sink adds practical convenience right where you need it most. The unfinished walkout basement is a true blank canvas ready for your vision. Whether that’s a home gym, theatre room, or additional bedrooms, the walkout design adds natural light and flexibility for future development. The home also includes wiring for a Sonos home sound system to enhance everyday living and entertaining, central air conditioning for year-round comfort and a heated 3-car garage with epoxy flooring, ideal for Alberta winters, extra storage, hobby space, or protecting vehicles and gear. Chestermere is loved for its welcoming atmosphere, parks, pathways, schools, and easy access to shopping and amenities. Situated in one of the city’s most desirable communities, this home offers exceptional space, premium upgrades, and a peaceful setting with no rear neighbours. An outstanding opportunity for families of any size.

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Open House. Open House on Wednesday, May 20, 2026 3:00PM - 6:00PM

Please visit our Open House at 322 Point Mckay GARDENS NW in Calgary. See details here

Open House on Wednesday, May 20, 2026 3:00PM - 6:00PM

**OPEN HOUSE May 20 from 3-6 pm! FREE coffee & cookies! Hosted Casper Boone** Warm elegance and natural light infuse this gorgeous Point McKay townhome with sunshine and style. Featuring beautiful design and tasteful renovations, this stunning, move-in-ready home is sure to impress. A spacious foyer invites you inside, shared with the entry from the single-attached garage. As you step into the living room, full-height windows face east give the area an extraordinarily bright and airy feel. The original wood fireplace was sealed, yet it remains a cozy decorative focal point. Glass-paned doors step out to the deck, merging your indoor and outdoor living spaces. As the vaulted ceilings draw your eye up, the open architecture and wood railings evoke loft vibes as you head to the dining area, giving you a bird’s eye view of the entire level. Updated lighting elevates the aesthetic, and rich-toned hardwood adds depth. In the remodelled kitchen, sleek white cabinetry and quartz counters pair with new stainless steel appliances and chic gold accents for an upscale ambiance sure to inspire your culinary ideas. A breakfast nook has west-facing windows that take in the sunset skies. The powder room was refreshed in the same high-end materials as the kitchen. Upstairs, the primary retreat is peaceful and generously appointed. Dual closets are ideal for a couple, and the ensuite has been luxuriously redone. Quartz and gold in the vanity, and attractive tilework in the shower bring the sophisticated tone into your personal space. This storey includes two more large bedrooms, and the main bathroom has also had a makeover. Downstairs, the finished basement is great for your library, home gym, or office. In a clever use of space, one closet holds the new laundry machines, one has cold storage, and the third has a tidy utility area. Outside, the deck offers plenty of room to grill, dine, and lounge, and the paved yard is set with raised planters, making it both low-maintenance and lush during the growing season. The gate opens into a green space edged with mature trees, and the local tennis courts. The river pathway is also in sight, providing a setting for your active lifestyle right at your doorstep. Cyclists can be downtown in about the same time as car commuters, which isn’t long,g as this area is quite central. The community attracts medical professionals and educators due to the proximity to both Foothills and the Children’s Hospital, as well as the University of Calgary. Nearby amenities include the Riverside Club and Riverside Spa; within walking distanc,e you can also head to some area favourite eateries, like the Lazy Loaf and Kettle or LICS Ice Cream. Trendy Kensington is only a short drive for some of the top restaurants in Calgary, and primary routes give you easy access to any area of the city. Plus, the location of this neighbourhood also gives you a quick escape should you want to head west into the mountains for camping, hiking, and snow sports.

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New property listed in Kinniburgh North, Chestermere

I have listed a new property at 237 Kinniburgh WAY in Chestermere. See details here

Welcome to this beautifully appointed home in North Kinniburgh! Crafted for modern family living with exceptional workmanship, thoughtful upgrades, and a rare setting with no neighbours behind for added privacy and uninterrupted views. With over $80,000 in premium enhancements, this residence delivers the comfort of a move-in-ready home with the elevated finish of a luxury build. The main floor features solid hardwood flooring which adds warmth, durability, and timeless style, perfect for busy households. A spacious front dining room creates a welcoming space for holidays and hosting, while the bright living room features a gas fireplace and large windows that frame the open backdrop, bringing in natural light and a sense of calm. The open, functional layout keeps everyone connected while still offering defined spaces for work, gathering, and relaxation. The gourmet kitchen is built to impress with premium appliances that elevate every meal; a WOLF induction cooktop for precise, responsive cooking, JennAir built-in oven and convection oven for reliable results, Miele dishwasher, a Samsung 32 cu. ft. refrigerator for generous capacity, and a U-Line beverage fridge to keep drinks perfectly chilled when entertaining. Granite countertops offer lasting beauty and easy maintenance, while the walk-in pantry and generous breakfast nook provide the storage and everyday functionality families crave. Retreat to the vaulted primary bedroom, an airy, private escape that feels like a boutique hotel. The 5-piece ensuite features upgraded tile and shower finishes, creating a spa-like experience, and the expansive walk-in closet keeps your wardrobe organized and out of sight. Three additional bedrooms and a convenient Jack & Jill 5-piece bathroom make morning routines smoother for kids and guests alike. A bright bonus room offers the ideal spot for a playroom, media space, or homework zone, and upper-floor laundry with a sink adds practical convenience right where you need it most. The unfinished walkout basement is a true blank canvas ready for your vision. Whether that’s a home gym, theatre room, or additional bedrooms, the walkout design adds natural light and flexibility for future development. The home also includes wiring for a Sonos home sound system to enhance everyday living and entertaining, central air conditioning for year-round comfort and a heated 3-car garage with epoxy flooring, ideal for Alberta winters, extra storage, hobby space, or protecting vehicles and gear. Chestermere is loved for its welcoming atmosphere, parks, pathways, schools, and easy access to shopping and amenities. Situated in one of the city’s most desirable communities, this home offers exceptional space, premium upgrades, and a peaceful setting with no rear neighbours. An outstanding opportunity for families of any size.

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New property listed in Point McKay, Calgary

I have listed a new property at 374 Point Mckay GARDENS NW in Calgary. See details here

Rare riverfront living in Point McKay! This beautifully maintained townhome pairs thoughtful updates with timeless character, offering a front-row seat to the Bow River and its expansive green space. Step in from the covered porch to a generous entry with great storage and direct access to the single attached garage. Up a few steps, the soaring living room is the showstopper; full-height windows frame the ever-changing river views, while the original brick fireplace creates a warm, architectural focal point. Sliding patio doors extend the living space outdoors for easy entertaining and everyday relaxation. The private brick patio becomes your personal oasis, backing onto the riverbank and lush greenspace. Enjoy sunny garden beds, peaceful afternoons with the sound of the water, and spectacular sunsets as your backdrop. An unmatched setting for summer dinners or quiet evenings at home. The open four-level split design connects each space with airy sightlines and natural light. A dedicated dining area overlooks the living room, and the kitchen offers a bright breakfast nook, ideal for morning coffee, plus classic oak cabinetry and a practical layout that’s ready for your personal touches. Upstairs, the home continues to impress with immaculate condition and a neutral palette that suits any style. The spacious primary retreat features a walk-through closet and a 4-piece ensuite with charming vintage details. Two additional bedrooms provide flexible space for guests, kids, or home offices, complemented by a well-appointed main bath. Downstairs, you’ll appreciate the dedicated laundry area and an oversized utility/storage room; perfect for bikes, seasonal décor, and all the gear that comes with an active Calgary lifestyle. Point McKay is one of Calgary’s best-kept secrets for those who want nature at their doorstep without giving up convenience. The Bow River Pathway is steps away for walking, running, and cycling, with nearby off-leash areas and outdoor fitness spaces. Downtown commutes are quick, and you’re minutes to Foothills & Alberta Children’s hospitals, the University of Calgary and easy west access for weekend mountain escapes. Residents love the Riverside Club and the renowned Riverside Spa, plus local favourites like the Lazy Loaf & Kettle, Nove Nine Diner, and LICS Ice Cream. If you’ve been waiting for a move-in ready home with iconic river views and an unbeatable inner-city lifestyle, this is it!

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New property listed in Citadel, Calgary

I have listed a new property at 402 Citadel Hills CIRCLE NW in Calgary. See details here

Welcome to 402 Citadel Hills Circle NW, a beautifully maintained 2-storey walkout backing directly onto serene green space in the highly sought-after community of Citadel. This warm and inviting home offers an ideal blend of comfort, functionality, and natural light throughout. The main floor features a bright, open layout with a welcoming front living area, a spacious dining room, and a well-appointed kitchen complete with ample cabinetry, a central island, and access to a large balcony – perfect for a BBQ, morning coffee, or unwinding at the end of the day. A cozy family room with a fireplace creates the perfect gathering spot. Conveniently located on this level are a 2-piece powder room and a dedicated laundry area, adding everyday practicality. Upstairs, the home offers 3 generous bedrooms, including a sizable primary suite with a walk-in closet and a private 4-piece ensuite. Two additional bedrooms and another full 4-piece bathroom complete the upper level, making it an excellent layout for families. The fully developed walkout basement expands your living space with a bright family room with a second fireplace, a fourth bedroom, and direct access to the backyard – ideal for guests, teens, or extended family. The yard offers plenty of room to relax, garden, or entertain while enjoying unobstructed views of nature. With no rear neighbours and direct access to pathways and green space, the backyard feels like an extension of your living area, offering a quiet retreat and a safe place for kids or pets to play. Citadel is known for its family-friendly atmosphere, parks, pathways, schools, and convenient access to shopping, transit, and major routes. This home combines a prime location with thoughtful design, creating a welcoming environment for its next owners. A wonderful opportunity to own a walkout backing green space in one of NW Calgary’s most desirable communities.

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New property listed in Beltline, Calgary

I have listed a new property at 235 112 14 AVENUE SE in Calgary. See details here

Style and character infuse the downtown lifestyle in this gorgeous condo at the Beltline’s Balmoral Manor. Vaulted ceilings welcome you inside, showcasing chic loft features and maximizing the natural light. The open layout begins with a large kitchen, where plentiful cabinet space and quartz counters are perfect for entertaining – with the Stampede grounds and other venues so close, you’re sure to be the pre-event hub. An eat up peninsula connects the space, and the living room centres around a cozy gas fireplace. Transom windows above the sliding glass door bring in tons of sunshine, and views from the balcony encompass the Calgary Tower. The primary bedroom is a serene oasis, with a whimsical ladder up to a loft alcove. The walk-in closet is a rare and coveted element as well. The second bedroom is generously proportioned and also includes big closets. A well-appointed bathroom offers storage and an extended vanity in a smart use of space. In fact, clever elements throughout this unit add so much functionality. A credenza in the hall can easily be used as extra prep area or a desk. In unit laundry is a perk, and the storage closet is perfectly set up with shelving for seasonal, cleaning, and pantry items. A hidden staircase here is another unique highlight, leading you up to a cute loft nook that overlooks the main living area. A secret library, maybe? Balmoral Manor is a well-managed, pet-friendly condo, with secure underground parking. The central location allows you to live a totally walkable lifestyle, with some of Calgary’s most popular restaurants and activities as well as some of the coolest hidden gems available within steps. Nearby, Sunterra Market offers groceries, and the c-train station makes getting around the city easy. There are several niche fitness facilities in walking distance, or the MNP Centre is just down the road with a full complement of exercise and recreation options. The river pathway system is also easily accessible, providing hours of outdoor enjoyment. Of course, being downtown also gives you a quick route out of town should you decide to go adventuring in any direction.

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New property listed in Point McKay, Calgary

I have listed a new property at 322 Point Mckay GARDENS NW in Calgary. See details here

Warm elegance and natural light infuse this gorgeous Point McKay townhome with sunshine and style. Featuring beautiful design and tasteful renovations, this stunning, move-in-ready home is sure to impress. A spacious foyer invites you inside, shared with the entry from the single-attached garage. As you step into the living room, full-height windows face east give the area an extraordinarily bright and airy feel. The original wood fireplace was sealed, yet it remains a cozy decorative focal point. Glass-paned doors step out to the deck, merging your indoor and outdoor living spaces. As the vaulted ceilings draw your eye up, the open architecture and wood railings evoke loft vibes as you head to the dining area, giving you a bird’s eye view of the entire level. Updated lighting elevates the aesthetic, and rich-toned hardwood adds depth. In the remodelled kitchen, sleek white cabinetry and quartz counters pair with new stainless steel appliances and chic gold accents for an upscale ambiance sure to inspire your culinary ideas. A breakfast nook has west-facing windows that take in the sunset skies. The powder room was refreshed in the same high-end materials as the kitchen. Upstairs, the primary retreat is peaceful and generously appointed. Dual closets are ideal for a couple, and the ensuite has been luxuriously redone. Quartz and gold in the vanity, and attractive tilework in the shower bring the sophisticated tone into your personal space. This storey includes two more large bedrooms, and the main bathroom has also had a makeover. Downstairs, the finished basement is great for your library, home gym, or office. In a clever use of space, one closet holds the new laundry machines, one has cold storage, and the third has a tidy utility area. Outside, the deck offers plenty of room to grill, dine, and lounge, and the paved yard is set with raised planters, making it both low-maintenance and lush during the growing season. The gate opens into a green space edged with mature trees, and the local tennis courts. The river pathway is also in sight, providing a setting for your active lifestyle right at your doorstep. Cyclists can be downtown in about the same time as car commuters, which isn’t long,g as this area is quite central. The community attracts medical professionals and educators due to the proximity to both Foothills and the Children’s Hospital, as well as the University of Calgary. Nearby amenities include the Riverside Club and Riverside Spa; within walking distanc,e you can also head to some area favourite eateries, like the Lazy Loaf and Kettle or LICS Ice Cream. Trendy Kensington is only a short drive for some of the top restaurants in Calgary, and primary routes give you easy access to any area of the city. Plus, the location of this neighbourhood also gives you a quick escape should you want to head west into the mountains for camping, hiking, and snow sports.

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