Is Now the Right Time to Buy a Home? Most Canadians Think So—Here’s Why
Let’s talk real estate (but like, the real-life version—not just market reports and graphs).
According to RE/MAX Canada’s latest 2025 Fall Housing Market Update, over half of Canadians believe this fall is a great time to buy a home. Whether you’re dreaming of your first cozy condo, upgrading for more space, or finally making the leap from renter to owner—there’s reason to feel hopeful again.
💡 So, What’s Changing?
54% of Canadians now believe it’s “a good time to strike a deal”
Conditional offers are up 25% across most markets (a big confidence boost for buyers)
Home prices are trending down in Ontario & B.C.—including many Waterloo Region communities
Interest rate drops of just 0.5–1% could bring even more buyers back to the table
And while affordability is still a challenge (let’s be honest), the conversation is shifting. Families, newcomers, and retirees are taking the lead—and more buyers than ever are showing up with 15% or 20% saved for a down payment.
🧠 Real Talk for First-Time Buyers
First-time buyers aren’t out of the game, but we are entering the market later—often in our late 20s to 40s. That’s not a failure—it’s just the reality of a tougher market. But here’s the good news:
🔸 68% of buyers say even a small price drop would make a big difference
🔸 92% of current homeowners still believe real estate is a solid investment
🔸 The government is (finally) getting serious about long-term affordability
🏡 My Take?
It’s not about “timing the market.” It’s about timing your life.
If you’ve got questions about what you can afford, whether now makes sense, or how to map out a plan that actually feels doable—I’ve got you. 🫶
📲 Message me on Instagram @behomewithcharly or text me at 519-575-1804.
Let’s chat mortgages and MLS®. I’ll bring the spreadsheets and the encouragement.