In Canada, the key interest rate – which is the rate at which banks are able to borrow money when they are low on reserves funds – is determined by The Bank of Canada. Fluctuations in interest rates have an impact on nearly all aspects of the economy. Here are some of the ways interest rates can shape the real estate market.

When looking for your next home, attending open houses can be a great way to get a sense of a potential property and decide if you can imagine yourself or your family living there. It can be easy to be influenced by the curb appeal or the staging of a home, but there are several other important things to consider. Here are the most important things to check out at an open house.