Tariffs, Rates & Real Estate: What Homeowners and Buyers Need to Know Now.

We’ve weathered storms before.
Remember the 2008 market crash? We came through it.
The 2016 correction? Survived that, too.
COVID? We adapted, pivoted, and kept moving.

Now in 2025, with chatter about interest rates, inflation, and tariffs—it’s easy to feel uneasy. But take a deep breath. This isn’t the end of the road. The market is shifting—not crashing—and that shift is opening doors for savvy buyers, sellers, and homeowners alike.

Here’s what you need to know—and how to make the most of the moment.

What’s Happening in the Real Estate Market Right Now?

The Bank of Canada has lowered interest rates again, and more cuts are expected throughout the year. According to Dr. Sherry Cooper, Chief Economist at Dominion Lending Centres, the overnight rate could drop to 1.75% by year-end, which would significantly ease borrowing costs.

At the same time, global economic factors like trade tariffs are stirring uncertainty, but the big picture? Lower rates = more activity in the housing market.

If You Own a Home

• Mortgage up for renewal? You could be looking at lower monthly payments.

• Thinking renos? Refinancing may now be more affordable than ever.

• Have a HELOC? Your payments might already be dropping—or will soon.

This could be a great time to assess your financial picture and use your home’s equity wisely.

If You’re Selling a Home

Yes, inventory is higher than it’s been in years—but that’s not a bad thing.

More listings mean more buyers are out looking. They’re serious. They’re informed. And they’ve got access to better borrowing options.

Plus, with the spring market warming up and competition still catching up, your home has a real chance to stand out—especially if priced and marketed right.

Pro tip: Homes that are well-prepared and strategically listed are still selling fast—and at strong prices.

If You’re Looking to Buy

Lower interest rates mean lower monthly payments, making homeownership more accessible.

But here’s the heads-up: more competition is coming. Buyers who’ve been sitting on the sidelines are jumping back in. That window of opportunity won’t stay open forever—so having your financing in place and a plan ready could make all the difference.

What Should You Do Next?

Every homeowner’s situation is different. Whether you’re buying, selling, refinancing—or just wondering if you should do anything at all—now is the time to get clear on your options.

Let’s chat. No pressure, no pitch—just a real conversation about what makes the most sense for you in today’s real estate market.

Have questions? Want to run some numbers? Thinking about a move this year?

I’m here to help. Let’s connect.