Let’s talk about the elephant in the room: Interest Rates, Inflation and Real Estate, which currently affects almost everyone. We all know that interest rates and inflation have been a huge topic in the media and around the kitchen table for the last several months. And well, Real Estate in Toronto is always a fun topic of conversation! With the most recent Bank of Canada rate hike on July 12th, and the news that there is possibly more to come, it’s hard not to take notice. There are many opinions, predictions and general thoughts flying around out there and I thought this would be a good time to sit down and pull from some of our trusted sources along with what I’m seeing day-to-day in the market to give you a little professional insight.