As someone who’s seen the ups and downs of Canada’s real estate market firsthand, I know how quickly lower interest rates can spark a surge in homebuyer demand. Central bank research shows that when rates drop, resales pick up almost immediately, with the full effect showing up 18 to 24 months later. But here’s the catch—new housing supply doesn’t start to respond until about two years after those cuts, thanks to planning and permitting delays, especially for multi-unit projects.
With strong job markets making buyers feel more secure, it’s no surprise that lower rates and easier lending conditions encourage faster purchases. However, this means demand outpaces supply for quite some time, keeping affordability out of reach for many families. As someone who’s dedicated to helping clients realize their housing dreams, I believe it’s important to understand that monetary policy alone isn’t the answer to our affordability challenges—it’s just one piece of the puzzle. Success in real estate comes from having a strategy that adapts to these market realities, ensuring you can make confident, informed decisions whether buying or selling. That’s what my proven home selling system is all about: maximizing value and minimizing stress, even as the market shifts.
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