August saw Canadian home sales decrease by 6.9% compared to last year, while the average price nudged up slightly by 0.6% to $668,219. With both new listings and inventory increasing, it’s clear that economic pressures and rising mortgage rates are starting to influence the market—signs that could shape what’s ahead, especially as we look toward 2027. Staying on top of these shifts is key to making informed real estate decisions. I make it a priority to keep my clients updated with regular market analysis and honest insights, ensuring you’re confident at every step—whether you’re considering a move, an investment, or just want to understand how these numbers might affect your next renovation or sale. As always, my aim is to see you smiling at the end of every deal, and to help you navigate these changes with clarity and care.
Leave a Reply