.png)
This spring, the housing market continues to show a mix of pressure and opportunity. Many homeowners approaching mortgage renewal are adjusting their budgets to account for higher payments, while at the same time, a growing number of prospective buyers are preparing to enter the market in the months ahead.
Policy changes are also starting to influence activity. In Ontario, the recent expansion of the HST rebate on new homes - offering significant tax relief on eligible properties - has already contributed to a noticeable increase in new-build sales.
Beyond residential real estate, broader trends are worth watching. Canadian farmland values, after years of steady growth, are now facing new pressures as market conditions evolve, highlighting a shift toward more balanced pricing across asset classes.
Taken together, this points to a market that is still adjusting - where affordability challenges remain, but underlying demand and policy support are beginning to shape the next phase of activity.
If you have questions about the market, your mortgage options, or your next move, I’d be happy to help you sort through it with clear, practical advice.