How the current key rate of 2.75% influences the Quebec real estate market

In 2025, the Quebec real estate market is showing signs of renewed activity thanks to the gradual decline in the Bank of Canada's key interest rate, currently set at 2.75%. This reduction has a direct impact on borrowing conditions, thus encouraging buyers to return to the market.

For homeowners considering selling their property, it is essential to understand how this economic environment can influence the value of their home.

The link between key rate and real estate dynamics

When the key interest rate drops, financial institutions generally follow suit by lowering mortgage rates. As a result, buyers benefit from more advantageous financing terms , which increases demand for properties. In regions such as the Laurentians, Laval, and Montérégie Est, this dynamic is already reflected in an increase in the number of visits and purchase promises.

In this favourable climate, it becomes strategic to conduct a free home appraisal. Knowing how much your home will be worth in 2025 not only allows you to set a competitive selling price but also optimizes your chances of selling quickly.

Why get a free home appraisal in 2025?

With demand increasing, many homeowners are asking themselves: How much is my home worth? To obtain an accurate answer, a comparative market analysis is a crucial tool. It involves comparing your property to other recently sold homes in your area with similar characteristics (size, condition, location, etc.). This process enables you to obtain a reliable and up-to-date free online home valuation.

A poor estimate can hurt your project: a price that's too high will scare away buyers, while a price that's too low will cost you money. That's why it's essential to consult a real estate broker who is familiar with local trends and the factors that influence market value.

The right time to sell

The 2.75% key rate creates a rare moment when conditions are right to sell your property under the best possible conditions. Buyers are active, mortgage rates are more affordable, and supply remains limited in many regions, which works in favour of sellers.

Additionally, some minor improvements can further increase the value of your property before it's put on the market. Your real estate agent can guide you on which improvements to prioritize to make your home more attractive.

The drop in the key interest rate to 2.75% presents a strategic opportunity for homeowners looking to sell. With a free home appraisal and a free online home evaluation, you'll know your home's value and take full advantage of a booming market. Don't wait for the market to turn: get your home appraised now and prepare to close a profitable sale.

Get an accurate estimate of your home's value