Wait & See

Friday Sep 12th, 2025

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Fall 2025 Real Estate Market: A “Wait and See” Season

This fall, Canada’s housing market is all about wait and see. The spring was flat, and most experts predict a 1.7–3.2% price decline, while a few remain optimistic.

What’s Shaping the Market?

  • Affordability: With average resale prices in Ontario near $795,300, many buyers are stepping back.

  • Uncertainty: Trade disputes, higher unemployment, and slower growth are weighing on demand.

  • Rentals Rising: More condo completions mean softer rental rates, reducing pressure to buy.

  • Fewer New Builds: High costs and weaker demand are slowing construction.

Interest Rates

The Bank of Canada paused cuts in April, leaving many unsure. Some buyers waiting for drops are instead facing fixed-rate increases — a reminder not to wait too long.

Who’s Still Buying?

  • Millennials moving closer to work.

  • Renewals rethinking needs — downsizing or upsizing while avoiding penalties.

Bottom Line

Opportunities exist in the resale market, where supply is up and rates remain reasonable.

👉 Let’s connect to explore your options.


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