Why Now Might Be the Right Time to Move
The real estate market in Canada is shifting, and while the headlines talk about interest rates, tariffs, and inflation, what really matters is how these changes affect your life, your choices, and your next home.
Rates Are Coming Down—But Slowly
Yes, the Bank of Canada has been cutting rates. But here’s the truth: rate changes take time to work. Think of it like planting seeds—you don’t see flowers the next day. It takes months before the impact shows up.
For buyers, that means affordability is gradually improving. But the real benefits are still ahead, which makes today an interesting window to act before everyone else jumps back in.
Buyers Have Breathing Room Again
Not long ago, it felt like you had to rush, compete with ten other offers, and settle for no conditions. Today feels different:
There’s more inventory on the market.
Competition is softer.
Conditional offers are back on the table.
That means you can slow down, compare options, and make choices that actually feel right for you and your family.
Tariffs & the Economy: More Noise Than Impact
Yes, tariffs are making the news, but they haven’t changed the fundamentals of the housing market. Most of the fear around them is psychological, not financial. For most buyers and sellers, day-to-day decisions about housing remain the same: find the right home, at the right price, with the right terms.
The Condo Story You Shouldn’t Ignore
If you’ve been watching condos, there’s a quiet shift happening. Many new builds from a few years ago are now closing, but future supply is shrinking because developers are cancelling projects. That means a few years from now, condo options will be much more limited. Buying today could mean you’re ahead of the curve.
What This Means for You
If you’re buying: Don’t get stuck waiting for the “perfect time.” With more choices and less competition, now is when you can actually take your time and negotiate.
If you’re selling: Presentation is everything. Buyers are value-focused right now, so pricing and marketing make all the difference.
If you’re on the fence: Remember that small price drops don’t change your monthly payments much. What builds wealth isn’t waiting—it’s owning.
Final Thought
Real estate isn’t just about rates, policies, or market charts. It’s about where you’ll build memories, put down roots, and grow your future. The market is balanced right now, which means both buyers and sellers have opportunities—if you know how to navigate it.
September-16-2025
