Today, March 18, 2026, the Bank of Canada has announced that it is holding its rate again for the fourth time at 2.25%, keeping the rate that it had first established on October 29, 2025.

The Bank of Canada says its two main concerns are the war in Iran and the continued uncertainty about tariffs and trade relations with the United States.

The Canadian economy would gain significant stability from a robust trade agreement with the United States, provided the government can overcome its ineffective negotiation efforts.

While such a critical deal remains in limbo and uncertainty in the economy persists, the decision to continue to hold rates signals that now is the time to buy. The Bank Governor has said, “Uncertainty is high,” indicating that rates will undoubtedly rise. This news should bode well for market activity over the coming months if buyers recognize the opportunity rather than continuing to sit on the sidelines, as the next announcement could be an increase.

Most concerning, the Bank of Canada Governor has stated, “We need house prices to come down more.” It is baffling and outright negligent that our bank leader would sacrifice all those home owners who had followed the rules and found a way to buy for those having trouble to buy. The media never questions this narrative. The only person to have raised this concern is President Trump in the US, who has said, “Every time you make it more and more and more affordable for somebody to buy a house cheaply, you’re actually hurting the value of those houses, obviously, because the one thing works in tandem with the other. And I don’t want to do anything that’s going to hurt the value of people that own a house.”

Why is this thought process absent from Canadian decision-making, sacrificing the hard earned equity of home owners?

In Humber Bay Shores, active inventory has fallen from over 300 active listings this summer to just 202 now, signalling renewed buyer confidence albeit at lower prices.

The best rates that we have seen so far:

3 year fixed at 3.99% (decreased from 4.04% in January 2026)

5 year variable at 3.60%

The next scheduled date for announcing the overnight rate target is April 29, 2026.

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Be sure that you SUBSCRIBE to this blog to be the first to know of new listings even before they hit MLS! Stay tuned. The Subscribe link is to the left of this post.

Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.

Follow @LukeDalinda on Instagram!

View all current and past Palace Place listings for sale here.

Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.

View all current and past Palace Place listings for sale here.

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Get a head start on your home sale with useful tips and a rundown of what you can expect.

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If you are planning to list your home, please consider us and contact us for our Seller’s Guide.

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

www.PalacePlace.com

Be sure that you SUBSCRIBE to this blog to be the first to know of new listings even before they hit MLS! Stay tuned. The Subscribe link is to the left of this post.

Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.

Follow @LukeDalinda on Instagram!

View all current and past Palace Place listings for sale here.

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.

View all current and past Palace Place listings for sale here.

#1 on Google Search for “Humber Bay Shores”, “Palace Place”, and “Swansea Homes”

Outranking Realtor.ca and Royal LePage!  

The Dalinda Team ranks among the top search results on Google for every market that we service.

We offer better exposure and better results.

Achieve your goals, and get the deal done! 

Call us today!

www.PalacePlace.com

Be sure that you SUBSCRIBE to this blog to be the first to know of new listings even before they hit MLS! Stay tuned. The Subscribe link is to the left of this post.

Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.

Follow @LukeDalinda on Instagram!

View all current and past Palace Place listings for sale here.

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.

View all current and past Palace Place listings for sale here.

I am currently representing qualified buyers who are actively seeking 02-style suites at Palace Place—those popular corner units, with exceptional lake and city views.

If you’re considering selling and want to maximize your sale price in today’s market, I’d love to connect and share how we can achieve top dollar for your suite.

Reach out today—no obligation, just a quick chat!

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.

www.PalacePlace.com

Be sure that you SUBSCRIBE to this blog to be the first to know of new listings even before they hit MLS! Stay tuned. The Subscribe link is to the left of this post.

Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.

Follow @LukeDalinda on Instagram!

View all current and past Palace Place listings for sale here.

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.

View all current and past Palace Place listings for sale here.

Welcome to Palace Place where active lifestyles meet luxury living. 

Palace Place offers world-class fitness amenities that include a gym, which has been outfitted with the latest, top-of-the-line equipment from Atlantis, a solarium saltwater pool, a basketball court, a squash court, an outdoor putting green, and now a pickleball court.

Palace Place is Toronto’s most luxurious waterfront condominium residence. Palace Place defines luxury from offering high-end finishes and appointments to a full spectrum of all-inclusive services that include a private shuttle service, valet parking, and one of the only condominiums in Toronto to offer Les Clefs d’Or concierge services, the same service that you would find on a visit to the Four Seasons.

Palace Place checks off all the boxes:

✅ SPACE

✅ VIEWS

✅ SUPERIOR CONSTRUCTION

✅ TRUE 5-STAR AMENITIES AND SERVICES

✅ SOLID FINANCIAL MANAGEMENT 

www.PalacePlace.com

Be sure that you SUBSCRIBE to this blog to be the first to know of new listings even before they hit MLS! Stay tuned. The Subscribe link is to the left of this post.

Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.

Follow @LukeDalinda on Instagram!

View all current and past Palace Place listings for sale here.

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.

View all current and past Palace Place listings for sale here.