The Bank of Canada has decided to keep its benchmark interest rate at 0.25% in September. This decision comes as the country's economy continues to recover from the impact of the COVID-19 pandemic. The central bank believes that the economy is on track to meet its inflation target, but uncertainties remain due to the ongoing pandemic and potential risks to the global economy. The bank also stated that it will continue its quantitative easing program by purchasing government bonds to support the economy. This decision is expected to have an impact on the real estate market, as low interest rates will continue to make borrowing more affordable for potential homebuyers.

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