Bank of Canada Holds Interest Rate at 2.25% – What It Means for the Housing Market

On April 29, 2026, the Bank of Canada announced it is holding its benchmark interest rate at 2.25%, continuing a trend of rate stability so far this year.

Key Takeaways from the Announcement

• No rate change: This marks another hold as the Bank monitors economic conditions
• Inflation outlook: Expected to peak near 3% before gradually returning to the 2% target
• Economic uncertainty remains: Rising oil prices and global tensions are creating pressure on inflation
• Future direction unclear: While rates are stable now, potential hikes later in 2026 are still possible

What This Means for Buyers

Stability in rates is helpful — but it doesn’t necessarily mean lower borrowing costs are coming soon. Buyers should:

• Lock in favourable rates when possible
• Be prepared for ongoing affordability challenges
• Act strategically in a market that is no longer rapidly declining in rates

What This Means for Sellers

A stable rate environment can:

• Bring more confident buyers back into the market
• Support steadier pricing conditions
• Create opportunities as competition increases

Bottom Line

The Bank of Canada is taking a wait-and-see approach, balancing inflation risks with a slowing economy.

For real estate, this means a market that is more predictable — but still sensitive to future rate changes.

If you’re planning to buy or sell this year, understanding how interest rates impact your strategy is key.

Adrienne McGarvey REALTOR®

2% Realty

403.801.2012

Open House Today in Springbank Hill | Exceptional Value at $244,900

Opportunities like this don’t come up often in Springbank Hill.

Join me today from 1:00 PM to 3:00 PM ⏰ to tour this well-designed 1 bedroom, 1 bathroom condo, offered at just $244,900—a price point that makes west side living far more accessible.

This home delivers a smart, efficient layout with 9’ ceilings that create a bright and open feel throughout the main living space. The kitchen offers generous cabinetry, ample counter space, and a durable silgranite sink, while a built-in office nook adds flexibility for working from home.

The bedroom is thoughtfully laid out with walkthrough closets leading into a cheater ensuite, and in-suite laundry adds to the everyday convenience.

Step outside to your private patio with a gas line for a BBQ , giving you a comfortable outdoor space to enjoy.

Beyond the unit, you’ll benefit from titled underground parking , a storage locker, a fitness centre ️, and a pet-friendly building (up to 2 pets). Condo fees of $422 include most utilities, making this an easy property to budget for.

What truly sets this home apart is the combination of location and value. Springbank Hill is one of Calgary’s most desirable west side communities, and being able to enter this market at $244,900 is a rare opportunity.

You’re within walking distance to Aspen Landing and the Shops of Montreux, with easy access to transit , nearby pathways, and Stoney Trail for quick commutes and weekend trips to the mountains ️.

For buyers looking for affordability without compromising location, this is one to see in person.

Adrienne McGarvey REALTOR®

2% Realty

403.801.2012

OPEN HOUSE TODAY – 12:30 PM TO 2:30 PM

Join me today for an open house in the highly desirable community of Strathcona from 12:30 PM to 2:30 PM at 44 Strathclair Rise SW.

This home presents a fantastic opportunity for buyers looking to get into a sought-after neighbourhood with a functional layout and great features already in place.

✨ PROPERTY HIGHLIGHTS

• 4 Bedrooms | 3.5 Bathrooms
• 1,411 SQ.FT Above Grade
• Fully Finished Basement
• Vaulted Ceilings & Bright Living Space
• Kitchen with Gas Stove, Granite Counters & Stainless Steel Appliances
• Air Conditioning
• Parking for THREE Vehicles

️ FUNCTIONAL & INVITING LAYOUT

The main floor features a bright and welcoming living area with vaulted ceilings and a bay window, creating an open feel.

The kitchen includes granite countertops, stainless steel appliances, and a gas stove, and connects to the rear living space overlooking the backyard.

Upstairs, the primary bedroom offers a walk-in closet and modern ensuite, while the fully finished basement provides additional flexibility with a rec room, bedroom, and full bathroom.

OUTDOOR SPACE & UPDATES

Enjoy a spacious backyard complete with a large deck and pergola, ideal for relaxing or entertaining.

Additional updates include:

• New Furnace (2023)
• Hot Water Tank (2022)
• Newer Windows & Doors
• Newer Roof

PRIME LOCATION

• Located in Strathcona
• Close to schools, parks, shopping, and transit
• Just a 15-minute drive to downtown Calgary
• Easy access west to the mountains

SEE IT IN PERSON TODAY

If you’ve been considering this home, today’s open house is the perfect chance to experience it in person.

Join me from 12:30 PM to 2:30 PM

Adrienne McGarvey REALTOR®

2% Realty

403.801.2012

Sold in 13 Days – Beating the Townhome Market in Calgary

Another successful sale in NW Calgary!
898 Sherwood Blvd NW is officially SOLD—and the results speak for themselves.

The Numbers That Matter

In today’s market, performance matters—and this one delivered:

✨ 13 Days on Market (compared to a 37-day average)
✨ 99% of List Price Achieved

This wasn’t just a sale—it was a strategic win.

Why This Home Sold Successfully

This end-unit townhome had strong fundamentals: great layout, modern finishes, and a desirable location. But that alone doesn’t guarantee results.

What made the difference:

✔️ Strategic pricing to attract serious buyers early
✔️ High-quality presentation to stand out online
✔️ Targeted marketing to create urgency and momentum

The result? Strong interest, faster timelines, and a near full-price outcome.

Location Still Drives Demand

Located in the highly desirable community of Sherwood, this property benefited from:

• Proximity to parks, schools, and pathways
• Easy access to transit
• Close to major shopping and amenities

Buyers are still prioritizing location + lifestyle, and Sherwood continues to deliver.

⚡ What This Means for Sellers

The gap between average results and great results is growing.

While the average home is taking 37 days to sell, this property sold in just 13 days—and for 99% of asking price.

That doesn’t happen by accident.

It comes down to:
Pricing strategy
Marketing execution
Understanding buyer behaviour

Thinking About Selling Your Home?

If you’re planning to sell, the goal isn’t just to get on the market—it’s to stand out in the market.

Let’s connect and build a strategy that gets you the best possible result.

Adrienne McGarvey REALTOR®

2% Realty

403.801.2012

Winning With Confidence in a Competitive Market

Buying a home in today’s market — especially in sought-after communities like Hillhurst — often means facing competition, pressure, and quick decisions.

That was exactly the case for my recent buyers.

This property attracted significant interest and multiple offers, creating a situation where many buyers feel forced to rush or overextend themselves.

But that’s not how we approached it.

It’s Not About Moving Fast — It’s About Moving Smart

In competitive scenarios, success doesn’t come from guessing or reacting emotionally.
It comes from clarity, preparation, and strategy.

Together, we focused on:

• Understanding the current market dynamics
• Analyzing the level of competition
• Structuring an offer that was both strong and intentional
• Ensuring my clients felt fully confident in their decision

There was no second-guessing — just a clear plan.

The Result

✅ Offer accepted
✅ Competing buyers beat out
✅ Clients who feel confident — not overwhelmed

And that last point matters most.

Because buying a home isn’t just about “winning” — it’s about knowing you made the right decision for you.

What Buyers Actually Need Right Now

In a competitive market, the biggest advantage isn’t speed — it’s guidance.

You need:

• The right information
• Honest advice
• A strategy tailored to your goals
• Someone who can help you act decisively and confidently

That’s exactly what I provide for my clients.

Thinking About Buying?

If you’re planning a move, especially in competitive areas like Hillhurst, let’s make sure you’re not just competing — you’re positioned to win with confidence.

Reach out anytime — I’d love to help you navigate your next move.

Adrienne McGarvey REALTOR®

2% Realty

403.801.2012

Sunday 1–3 PM | 40 Patina Terrace SW, Calgary

Some homes are about space. Others are about lifestyle. This one offers both—without compromise.

Join me this Sunday to tour 40 Patina Terrace SW, a property perfectly suited for downsizers and young professionals looking to transition into a more refined, low-maintenance, and მშვიდ setting in Calgary’s west side.

A SMART MOVE FOR YOUR NEXT CHAPTER

For downsizers, this home offers the ability to simplify while still enjoying comfortable, well-designed living spaces. There’s no sense of giving anything up—just gaining a more manageable and relaxed lifestyle.

For young professionals, it’s an opportunity to own in an established, upscale community that offers both prestige and practicality, with a quick commute to downtown.

THE APPEAL OF PATTERSON

Patterson is known for its:

• Quiet streets and elevated setting
• Strong sense of community
• Proximity to downtown Calgary
• Easy access to walking paths, amenities, and the mountains

It’s a location that naturally attracts those looking for something a little more exclusive and tucked away.

SEE IT FOR YOURSELF

This home is best experienced in person.

Sunday | 1:00 PM – 3:00 PM
40 Patina Terrace SW

If you're ready for a home that better matches your lifestyle today, this could be the one.

Adrienne McGarvey REALTOR®

2% Realty

403.801.2012

Listed by Grahame Green 2% Realty

Conditionally Sold in Just 3 Days – 898 Sherwood Blvd NW

That was fast.

898 Sherwood Blvd NW is now CONDITIONALLY SOLD after just 3 DAYS on the market—a result that speaks directly to the power of the right strategy.

Why This Home Stood Out

This beautifully maintained END-UNIT townhome in Sherwood had everything today’s buyers are looking for:

✨ 1,655 SQFT of functional living space
✨ 3 Bedrooms + 2.5 Bathrooms
✨ Bright, open-concept layout with 9’ ceilings
✨ Stylish kitchen with QUARTZ countertops + GAS STOVE
✨ Private balcony with BBQ gas line
✨ Upper-floor laundry (a must-have!)
✨ Versatile bonus/flex room + attached garage
✨ Low condo fees for easy, low-maintenance living

Add in the end-unit advantage—more windows, more light, and more privacy—and it’s easy to see why this property generated immediate attention.

Location Matters (And Sherwood Delivers)

Located in the sought-after NW community of Sherwood, this home offered:

✔️ Steps to parks, schools, and pathways
✔️ Easy access to transit
✔️ Close proximity to major shopping, restaurants, and everyday amenities

For buyers, this is the kind of location that checks both lifestyle and convenience boxes.

⚡ What This Means for Sellers

3 days on market isn’t luck—it’s strategy.

When a home is:
✔️ Priced correctly
✔️ Presented professionally
✔️ Marketed effectively

…it attracts serious buyers quickly and creates momentum.

Thinking About Selling?

If you’re curious about what your home could sell for in today’s market—or how to position it for a fast, successful sale—let’s talk.

Because results like this don’t happen by chance—they’re planned.

Reach out anytime for a no-pressure conversation about your goals.

Adrienne McGarvey REALTOR®

2% Realty

403.801.2012

SOLD in 31 Days: Bankview Condo Outperforms the Market

The condo at 305 – 2417 17 Street SW in Bankview is officially sold — and the result tells an important story about today’s Calgary condo market.

This top-floor one-bedroom unit sold in just 31 days, significantly outperforming the average days on market of 58 days for similar properties in the area.

Understanding the Market Conditions

This sale is especially notable given the current market dynamics in Bankview:

• Average days on market (1-bedroom units): 58 days
• Current inventory: 7 months supply

A 7-month supply indicates a more balanced-to-slower market, where buyers have more choice and listings can take longer to sell. In these conditions, properties that are not positioned correctly often sit — or require price reductions.

Why This Property Sold Faster

This home succeeded because of a strong, intentional strategy:

• Strategic pricing that immediately captured attention
• Standout positioning as the lowest priced one-bedroom in Calgary
• Clean, modern presentation that appealed to today’s buyers
• Highly desirable inner-city location in Bankview

When these elements align, even in a higher-inventory market, properties can outperform expectations.

What This Means for Sellers

This sale reinforces a key point:
The market doesn’t determine your result — your strategy does.

If you’re considering selling your condo or home, it’s critical to understand how to position your property in today’s conditions to avoid sitting on the market.

If you’d like a customized plan based on your property and current market data, I’d be happy to help.

Adrienne McGarvey REALTOR®

2% Realty

403.801.2012