July brought a welcome shift in housing affordability across much of Canada, with home prices dipping in 10 out of 13 major markets—including Vancouver, Hamilton, and Regina. These price adjustments have made it a bit easier for buyers, as the income required to secure a mortgage has come down. While mortgage rates saw only a slight decrease, it’s really the easing of home prices that’s opened the door a little wider for those looking to make a move. In my years helping people find their place here in Prince Edward County, I’ve seen how even modest changes in the market can make a difference. Experience and local knowledge matter when you’re navigating opportunities like these, whether you’re dreaming of a new home or considering an investment.
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