{"id":56035,"date":"2024-03-11T20:43:43","date_gmt":"2024-03-11T20:43:43","guid":{"rendered":"https:\/\/yanicksarrazin.com\/?p=56035"},"modified":"2024-08-12T20:30:45","modified_gmt":"2024-08-12T20:30:45","slug":"policy-interest-rate-stable-montreal-real-estate","status":"publish","type":"post","link":"https:\/\/yanicksarrazin.com\/en\/immobilier\/real-estate-news\/policy-interest-rate-stable-montreal-real-estate\/","title":{"rendered":"The policy interest rate remains stable at 5%: A breath of continuity in the Montreal real estate market"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"56035\" class=\"elementor elementor-56035\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0cfd3c2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0cfd3c2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-94d899e stretch-to-none\" data-id=\"94d899e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-58d8061 elementor-toc--minimized-on-tablet elementor-widget elementor-widget-table-of-contents\" data-id=\"58d8061\" data-element_type=\"widget\" data-settings=\"{&quot;headings_by_tags&quot;:[&quot;h2&quot;,&quot;h3&quot;],&quot;exclude_headings_by_selector&quot;:[],&quot;marker_view&quot;:&quot;numbers&quot;,&quot;no_headings_message&quot;:&quot;No headings were found on this page.&quot;,&quot;minimize_box&quot;:&quot;yes&quot;,&quot;minimized_on&quot;:&quot;tablet&quot;,&quot;hierarchical_view&quot;:&quot;yes&quot;,&quot;min_height&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__header\">\n\t\t\t\t\t\t<h4 class=\"elementor-toc__header-title\">\n\t\t\t\tThe policy interest rate remains stable at 5%\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--expand\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__58d8061\" aria-expanded=\"true\" aria-label=\"Open table of contents\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--collapse\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__58d8061\" aria-expanded=\"true\" aria-label=\"Close table of contents\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<div id=\"elementor-toc__58d8061\" class=\"elementor-toc__body\">\n\t\t\t<div class=\"elementor-toc__spinner-container\">\n\t\t\t\t<i class=\"elementor-toc__spinner eicon-animation-spin eicon-loading\" aria-hidden=\"true\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-44cfcde elementor-widget elementor-widget-text-editor\" data-id=\"44cfcde\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Montreal, March 6, 2024 \u2013 Today, the <a href=\"https:\/\/www.bankofcanada.ca\/core-functions\/monetary-policy\/key-interest-rate\/\">Bank of Canada<\/a> announced the maintenance of its policy interest rate at 5%, a long-awaited stability that brings a sense of confidence to the real estate sector.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dbb3ebc elementor-widget elementor-widget-heading\" data-id=\"dbb3ebc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Impact on the Montreal Real Estate Market\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-89f34e9 elementor-widget elementor-widget-text-editor\" data-id=\"89f34e9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">In early 2023, in response to an increase in the key rate reaching between 4.5% to 5%, the real estate market experienced a significant slowdown. This surge represented a considerable leap from the key rate, which varied between 0.25% and 1.75% during the pandemic (2020 to 2022), affecting the mortgage rates offered by major banks. In this economic context, many buyers abandoned their purchase plans in early 2023, hoping for a potential decrease in rates.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a520ab1 elementor-widget elementor-widget-image\" data-id=\"a520ab1\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"561\" height=\"553\" src=\"https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2024\/03\/Policy-interest-rate-March-6.png\" class=\"attachment-large size-large wp-image-56191\" alt=\"Policy interest rate March 6\" srcset=\"https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2024\/03\/Policy-interest-rate-March-6-300x296.png 300w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2024\/03\/Policy-interest-rate-March-6-101x101.png 101w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2024\/03\/Policy-interest-rate-March-6.png 561w\" sizes=\"(max-width: 561px) 100vw, 561px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7436900 elementor-widget elementor-widget-text-editor\" data-id=\"7436900\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Source :<a href=\"https:\/\/www.bankofcanada.ca\/core-functions\/monetary-policy\/key-interest-rate\/\"> Bank of Canada<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d46cbad elementor-widget elementor-widget-text-editor\" data-id=\"d46cbad\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-size: 15px;\">Following the maintenance of the key rate at 5% in the last five announcements, several buyers have resumed their purchasing projects. Notably, the announcement in January 2024 of the key rate remaining at 5% led to a resurgence in the real estate market, as observed by our <a href=\"https:\/\/yanicksarrazin.com\/en\/montreal-real-estate-broker\/#real-estate-brokers-montreal\">real estate brokers in Montreal<\/a><\/span>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0c84479 elementor-widget elementor-widget-heading\" data-id=\"0c84479\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Favorable Financing Conditions for Property Acquisition\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-35e1189 elementor-widget elementor-widget-text-editor\" data-id=\"35e1189\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">With an unchanged key rate, borrowers benefit from favorable financing conditions. Mortgage rates from major banks are expected to remain attractive, encouraging Canadians to invest in real estate. Buyers actively seeking a new home currently enjoy a less competitive market due to the absence of other buyers.<\/span><\/p><p><span style=\"font-weight: 400;\">If you are a buyer looking for your next acquisition, we invite you to read the following article: <a href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/buyer-information\/is-it-the-right-time-to-buy-a-property\/\">Is it the Right Time to Buy a Property<\/a>?<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-69eef7d elementor-widget elementor-widget-heading\" data-id=\"69eef7d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Anticipated Key Rate Decrease in 2024\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bd5317d elementor-widget elementor-widget-text-editor\" data-id=\"bd5317d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">According to many economists, it looks like there might be a <a href=\"https:\/\/globalnews.ca\/news\/10251001\/interest-rate-hold-spring-housing-market\/\">decrease in interest rates by the end of 2024<\/a>, as they foresee the possible conclusion of rate hikes. If this happens, it might motivate a lot of buyers to kick-start their real estate plans, making the competition in the market more intense. We&#8217;ll keep a close eye on the Bank of Canada&#8217;s next announcement on April 10.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1d39634 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"1d39634\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd7c2fe elementor-widget elementor-widget-text-editor\" data-id=\"cd7c2fe\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">In conclusion, the decision of the Bank of Canada to maintain the key rate at 5% offers a positive outlook for the Montreal real estate market. Economic stability and favorable financing conditions contribute to creating a conducive environment for buyers.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-13c4def elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"13c4def\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c81b63f elementor-widget elementor-widget-spacer\" data-id=\"c81b63f\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-38d5541 elementor-widget elementor-widget-text-editor\" data-id=\"38d5541\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h6><b>Sources :<\/b><\/h6><p>Policy interest rate | Bank of Canada<br \/><a href=\"https:\/\/www.bankofcanada.ca\/core-functions\/monetary-policy\/key-interest-rate\/\">https:\/\/www.bankofcanada.ca\/core-functions\/monetary-policy\/key-interest-rate\/<\/a><\/p><p>Raise in key interest rate: its impact on mortgages and the real estate market | Yanick Sarrazin<br \/><a href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/news\/raise-in-key-interest-rate-its-impact-on-mortgages-and-the-real-estate-market\/\">https:\/\/yanicksarrazin.com\/en\/immobilier\/news\/raise-in-key-interest-rate-its-impact-on-mortgages-and-the-real-estate-market\/<\/a><\/p><p>Mortgages : understanding them better for a real estate purchase | Yanick Sarrazin<br \/><a href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/buyer-information\/mortgages-understanding-them-better-for-a-real-estate-purchase-2\/\">https:\/\/yanicksarrazin.com\/en\/immobilier\/buyer-information\/mortgages-understanding-them-better-for-a-real-estate-purchase-2\/<\/a><\/p><p>Real estate brokers Montreal | Yanick Sarrazin<br \/><a href=\"https:\/\/yanicksarrazin.com\/en\/montreal-real-estate-broker\/\">https:\/\/yanicksarrazin.com\/en\/montreal-real-estate-broker\/<\/a><\/p><p>Is it the right time to buy a property<span style=\"font-size: 15px;\">\u00a0| Yanick Sarrazin<\/span><br \/><a href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/buyer-information\/is-it-the-right-time-to-buy-a-property\/\">https:\/\/yanicksarrazin.com\/en\/immobilier\/buyer-information\/is-it-the-right-time-to-buy-a-property\/<\/a><\/p><p>Interest rates may have peaked &#8211; is it time to jump into the housing market? <span style=\"font-size: 15px;\">| Yanick Sarrazin<\/span><br \/><a href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/buyer-information\/is-it-the-right-time-to-buy-a-property\/\">https:\/\/globalnews.ca\/news\/10251001\/interest-rate-hold-spring-housing-market\/<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-542244f elementor-widget elementor-widget-spacer\" data-id=\"542244f\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-383d023 elementor-widget elementor-widget-heading\" data-id=\"383d023\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-large\">Read more real estate information<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f7a5720 elementor-posts--align-left elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-posts--thumbnail-top elementor-card-shadow-yes elementor-posts__hover-gradient elementor-widget elementor-widget-posts\" data-id=\"f7a5720\" data-element_type=\"widget\" data-settings=\"{&quot;cards_row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:30,&quot;sizes&quot;:[]},&quot;cards_columns&quot;:&quot;3&quot;,&quot;cards_columns_tablet&quot;:&quot;2&quot;,&quot;cards_columns_mobile&quot;:&quot;1&quot;,&quot;cards_row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;cards_row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"posts.cards\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-posts-container elementor-posts elementor-posts--skin-cards elementor-grid\" role=\"list\">\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-78102 post type-post status-publish format-standard has-post-thumbnail hentry category-montreal-en category-news category-real-estate-broker-plateau-mont-royal category-real-estate-news category-real-estate-broker-rosemont-la-petite-patrie category-real-estate-broker-villeray tag-july-first tag-montreal-en tag-moving tag-plateau-en tag-real-estate tag-real-estate-broker-montreal tag-real-estate-montreal tag-rosemont-en tag-rosemont-la-petite-patrie-5 tag-villeray-en\" role=\"listitem\">\n\t\t\t<div class=\"elementor-post__card\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/real-estate-news\/july-1-moving-in-quebec-tips-and-tricks\/\" tabindex=\"-1\" ><div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2021\/06\/vitaly-gariev-wS40ELZROLE-unsplash-1-768x432.jpg\" class=\"attachment-medium_large size-medium_large wp-image-78100\" alt=\"\" srcset=\"https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2021\/06\/vitaly-gariev-wS40ELZROLE-unsplash-1-768x432.jpg 768w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2021\/06\/vitaly-gariev-wS40ELZROLE-unsplash-1-300x169.jpg 300w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2021\/06\/vitaly-gariev-wS40ELZROLE-unsplash-1-1024x576.jpg 1024w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2021\/06\/vitaly-gariev-wS40ELZROLE-unsplash-1-1536x864.jpg 1536w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2021\/06\/vitaly-gariev-wS40ELZROLE-unsplash-1-2048x1152.jpg 2048w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2021\/06\/vitaly-gariev-wS40ELZROLE-unsplash-1-scaled-600x338.jpg 600w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div><\/a>\n\t\t\t\t<div class=\"elementor-post__badge\">Montreal<\/div>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h4 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/real-estate-news\/july-1-moving-in-quebec-tips-and-tricks\/\" >\n\t\t\t\tJuly 1: Moving in Quebec | Tips and Tricks\t\t\t<\/a>\n\t\t<\/h4>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Quebec mores In Quebec, it has been customary for many years for the majority of leases to end on July 1. Although July 1st coincides with Canada Day, landlords have traditionally chosen this date to allow children to finish their school year without changing schools. This year, on the occasion of July 1st, our real estate brokers and administrative team wanted to share their best tips and tricks for a successful move! Things to remember<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/real-estate-news\/july-1-moving-in-quebec-tips-and-tricks\/\" aria-label=\"Read more about July 1: Moving in Quebec | Tips and Tricks\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\t30 June 2025\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-77967 post type-post status-publish format-standard has-post-thumbnail hentry category-neighborhood-discovery category-real-estate-broker-plateau-mont-royal category-real-estate-broker-rosemont-la-petite-patrie category-real-estate-broker-ville-marie tag-montreal-2 tag-neighborhood-discovery tag-plateau-mont-royal-4 tag-real-estate tag-real-estate-montreal tag-rosemont-en tag-rosemont-la-petite-patrie-5 tag-ville-marie-en\" role=\"listitem\">\n\t\t\t<div class=\"elementor-post__card\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/neighborhood-discovery\/st-jean-baptiste-whats-open-or-closed-on-june-24\/\" tabindex=\"-1\" ><div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"768\" height=\"512\" src=\"https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/06\/alireza-r3Cn5MYziFs-unsplash-1-768x512.jpg\" class=\"attachment-medium_large size-medium_large wp-image-77894\" alt=\"\" srcset=\"https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/06\/alireza-r3Cn5MYziFs-unsplash-1-768x512.jpg 768w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/06\/alireza-r3Cn5MYziFs-unsplash-1-300x200.jpg 300w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/06\/alireza-r3Cn5MYziFs-unsplash-1-1024x683.jpg 1024w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/06\/alireza-r3Cn5MYziFs-unsplash-1-1536x1024.jpg 1536w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/06\/alireza-r3Cn5MYziFs-unsplash-1-2048x1365.jpg 2048w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/06\/alireza-r3Cn5MYziFs-unsplash-1-scaled-600x400.jpg 600w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div><\/a>\n\t\t\t\t<div class=\"elementor-post__badge\">Neighborhood Discovery<\/div>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h4 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/neighborhood-discovery\/st-jean-baptiste-whats-open-or-closed-on-june-24\/\" >\n\t\t\t\tSt-Jean-Baptiste: What&#8217;s open or closed on June 24?\t\t\t<\/a>\n\t\t<\/h4>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>As Quebec&#8217;s national holiday approaches, are you wondering what to do in the metropolis? Our team of real estate brokers in Montreal has put together an overview of activities and places open to celebrate Saint-Jean-Baptiste Day in style. On June 24, most businesses will be closed for the national holiday. However, many pharmacies and small grocery stores will remain open. Gas stations and public transport will be operating normally, making it easier for you to<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/neighborhood-discovery\/st-jean-baptiste-whats-open-or-closed-on-june-24\/\" aria-label=\"Read more about St-Jean-Baptiste: What&#8217;s open or closed on June 24?\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\t24 June 2025\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-77158 post type-post status-publish format-standard has-post-thumbnail hentry category-decouvertes-de-quartiers-montreal category-courtier-immobilier-outremont category-courtier-immobilier-plateau-mont-royal category-courtier-immobilier-rosemont-la-petite-patrie category-courtier-immobilier-ville-marie tag-neighborhood tag-neighborhood-discovery tag-outremont-en tag-plateau-en tag-plateau-mont-royal-4 tag-real-estate tag-real-estate-broker-montreal tag-real-estate-montreal tag-rosemont-en tag-rosemont-la-petite-patrie-5 tag-southwest tag-ville-marie-en\" role=\"listitem\">\n\t\t\t<div class=\"elementor-post__card\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/real-estate-broker-rosemont-la-petite-patrie\/montreals-culinary-scene-honored-by-michelin-guide\/\" tabindex=\"-1\" ><div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"512\" src=\"https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/05\/edward-howell-vvUy1hWVYEA-unsplash-1-768x512.jpg\" class=\"attachment-medium_large size-medium_large wp-image-77114\" alt=\"\" srcset=\"https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/05\/edward-howell-vvUy1hWVYEA-unsplash-1-768x512.jpg 768w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/05\/edward-howell-vvUy1hWVYEA-unsplash-1-300x200.jpg 300w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/05\/edward-howell-vvUy1hWVYEA-unsplash-1-1024x683.jpg 1024w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/05\/edward-howell-vvUy1hWVYEA-unsplash-1-1536x1024.jpg 1536w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/05\/edward-howell-vvUy1hWVYEA-unsplash-1-2048x1365.jpg 2048w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/05\/edward-howell-vvUy1hWVYEA-unsplash-1-scaled-600x400.jpg 600w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div><\/a>\n\t\t\t\t<div class=\"elementor-post__badge\">D\u00e9couvertes de quartiers \u00e0 Montr\u00e9al<\/div>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h4 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/real-estate-broker-rosemont-la-petite-patrie\/montreals-culinary-scene-honored-by-michelin-guide\/\" >\n\t\t\t\tMontreal&#8217;s culinary scene honored by Michelin Guide\t\t\t<\/a>\n\t\t<\/h4>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Montreal, May 24, 2025 &#8211; Last week, the Michelin Guide unveiled its long-awaited list of the best restaurants in Quebec. Our team of real estate brokers is delighted to help you discover the Montreal establishments that made the cut. Montreal&#8217;s rich culinary scene The Michelin Guide awards several distinctions, including the famous stars for culinary excellence. It also awards Bibs Gourmands to restaurants offering high-quality, affordable cuisine, and \u00c9toiles Vertes to establishments committed to sustainable<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/real-estate-broker-rosemont-la-petite-patrie\/montreals-culinary-scene-honored-by-michelin-guide\/\" aria-label=\"Read more about Montreal&#8217;s culinary scene honored by Michelin Guide\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\t27 May 2025\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The policy interest rate remains stable at 5% Montreal, March 6, 2024 \u2013 Today, the Bank of Canada announced the maintenance of its policy interest rate at 5%, a long-awaited stability that brings a sense of confidence to the real estate sector. Impact on the Montreal Real Estate Market In early 2023, in response to [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":60960,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[606,511],"tags":[598,1154,18,544,546,542],"class_list":["post-56035","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buyer-information","category-real-estate-news","tag-buyer-information","tag-buying-a-property","tag-real-estate","tag-real-estate-broker-montreal","tag-real-estate-information","tag-real-estate-montreal"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The policy interest rate remains stable at 5%: A breath of continuity in the Montreal real estate market - Courtier Immobilier Montr\u00e9al Yanick E Sarrazin<\/title>\n<meta name=\"description\" content=\"The Bank of Canada announced the maintenance of its policy interest rate at 5%, a long-awaited stability in Montreal&#039;s real estate sector.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/real-estate-news\/policy-interest-rate-stable-montreal-real-estate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The policy interest rate remains stable at 5%: A breath of continuity in the Montreal real estate market - 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