Bank of Canada’s new forecasting model zeroes in on mortgage renewals

The Bank of Canada’s latest move—adopting the Prima model—signals a closer look at how mortgage renewals and housing supply influence inflation forecasts. As someone who’s spent 15 years guiding Muskoka clients through the ups and downs of real estate, I know just how much these factors shape our local market and the decisions families face. My background as an MPAC property inspector taught me to pay attention to the details that can make a real difference, especially when policy changes ripple out to homebuyers and sellers alike. Staying informed isn’t just about numbers—it’s about understanding how shifts like this might impact your next move, whether you’re thinking about renewing, upsizing, or finding that perfect fit. That’s the kind of insight I aim to bring to every step in your real estate journey.

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