A COMBINATION OF LOWER INTEREST RATES, INCREASED INVENTORY AND IMPROVED AFFORDABILITY WILL ENTICE BUYERS TO GET BACK INTO ACTION
Following a period characterized by consumer uncertainty and a pull-back of buyers in early 2025, the Canadian housing market may be turning a new leaf this fall, according to a new REMAX Fall Housing Market Update.
According to the report, 54 per cent of Canadians believe this fall is a good time to strike a deal on a home.
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“You have to look at fundamentals, this market can only stay down for a certain period of time,” says Don Kottick, president of REMAX.
As for the prevailing mood of caution, Kottick said in an interview buyers are now “conditioned to accept the uncertainty in the market, and that