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Is it a Good Time to Buy?

Is it a Good Time to Buy?

Posted 5-year Mortgage Rates:

January 2025: 6.79%
January 2026: 4.56%

Savings per $100K per month: $130.69

2025 Year-End Market Insights

Bottom Line

For many buyers, especially financially qualified ones, the North Shore is currently a favourable market to buy because:

  • Inventory is elevated and sales are below historical norms, creating buyer leverage.

  • Prices have softened or stabilized compared with recent highs.

  • Mortgage rates are more predictable and lower than in the past year.

  • Forecasts suggest modest market improvement ahead, so buying before broad demand re-emerges may be advantageous.

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