Are Lower Rates Reviving Buyers?

There’s a noticeable shift happening—falling mortgage rates are making homeownership feel more attainable for many Canadians. I’m seeing folks who had put their plans on hold start to revisit the idea of buying, a reminder that the dream of finding the right home is never far away. Even with a slower pace of national population growth this year, household formation remains steady, and I expect more first-time buyers to play a key role in the resale market. If the forecasts hold true, we could see confidence growing further as we move toward late 2026. As always, my focus is on guiding you through these changes with honest advice and a steady hand, so your next move feels less like a leap and more like a welcome step forward.