We can’t predict the future. We’ve all accepted that. Economists can make predictions, politicians can make adjustments, and realtors can spin literally anything in to a positive.
This chart shows us the historical data of the average Canadian home price along side the interest rate at the time, decade over decade. *Feel free to ask Amy (bottom right) for a clean PDF to bring to Christmas dinner.
Real estates pricing trend from 1960 to 2025 and beyond.
The old saying still holds true; if you try to time the market you will miss the market. I see it every year. I’ve been at this for 13 years.
Think of what you want, talk to an educated realtor and a lender (a broker not just your bank), set a plan, adjust accordingly, and execute when the time is right.
Advice 2; don’t get scared by a down market. We’ve seen it before. In fact, every single market in any line of work has. Millionaires are made in the trenches.
Andrew Mclellan
