{"id":18,"date":"2026-09-14T11:00:00","date_gmt":"2026-09-14T11:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/realestatebybrian-ca\/2026\/09\/14\/canada-rate-cuts-can-worsen-affordability\/"},"modified":"2026-09-14T11:00:00","modified_gmt":"2026-09-14T11:00:00","slug":"canada-rate-cuts-can-worsen-affordability","status":"publish","type":"post","link":"https:\/\/www.realestatebybrian.ca\/blog\/2026\/09\/14\/canada-rate-cuts-can-worsen-affordability\/","title":{"rendered":"Canada: Rate Cuts Can Worsen Affordability"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\"\n                src=\"https:\/\/www.roomvu.com\/agent\/embed\/brian-mcquhae\/bank-rate-cuts-remotion-videos-3cc9\"\n                frameborder=\"0\"\n                allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\"\n                allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Having grown up and worked throughout the Cowichan Valley, I\u2019ve seen firsthand how mortgage rates can ripple through our local housing market. Recent research by Canada\u2019s central bank highlights a pattern I often notice here: when interest rates drop, more buyers jump into the market almost immediately, and the true surge in resales shows up 18 to 24 months later. Builders, on the other hand, take about two years before new housing starts pick up, since planning and permits\u2014especially for multi-unit homes\u2014are never quick. Strong job markets make buyers even more confident, so homes can move fast. But as someone who\u2019s spent years helping people navigate the process of buying and selling here (and who\u2019s managed both customer service teams and home renovations), I know that lower borrowing costs alone don\u2019t solve our affordability puzzle. The researchers agree: supply takes time to catch up with demand, and rate cuts alone won\u2019t make housing truly affordable. It\u2019s a complex dance\u2014one I\u2019m always here to help you understand as you make this Valley your home.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Having grown up and worked throughout the Cowichan Valley, I\u2019ve seen firsthand how mortgage rates can ripple through our local housing market. Recent research by Canada\u2019s central bank highlights a pattern I often notice here: when interest rates drop, more buyers jump into the market almost immediately, and the true surge in resales shows up [&hellip;]<\/p>\n","protected":false},"author":328,"featured_media":49,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-18","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/posts\/18","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/users\/328"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/comments?post=18"}],"version-history":[{"count":0,"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/posts\/18\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/media\/49"}],"wp:attachment":[{"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/media?parent=18"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/categories?post=18"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/tags?post=18"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}