The Bank of Canada has once again held its benchmark interest rate steady at 5%, marking the second consecutive pause this year. While this may appear as a non-event, it carries significant implications for homeowners, buyers, and investors—especially in regions like Simcoe County where the market is already shifting.
Canada's economy is sending mixed signals. GDP growth surprised on the upside at 2.2%, largely driven by stronger exports. But at the same time, household spending and job growth are softening. Core inflation remains stubbornly high, hovering at the top end of the Bank’s 1–3% target range. All of this tells us one thing: rate cuts are coming—it’s just a matter of when.
That’s why what you do now matters more than ever.
Simcoe County’s housing market is adjusting in real-time. Here’s what we’re seeing
Prices: Down 6.5% to $808,175
Inventory: Up 123% compared to last year
Barrie: Sales down 21%, prices down 5.3%, more listings than last year
Bradford: Prices fell 15%, sales dropped 50%, with months of inventory now over 7
Innisfil: A bright spot, with average prices up 9% despite fewer transactions
These shifts signal a rare opportunity—especially for buyers and investors—to act while supply is high and rates are holding steady.
Buyers: More options, more negotiating power, and a chance to lock in before demand rises.
Sellers: The window is open to stand out—before a flood of listings saturates the market.
Investors: Softened prices in key markets = high upside potential.
Get expert insight from the people who know where the market’s headed next.
This month's Barrie Real Estate Luncheon brings together the three people best positioned to give you a competitive advantage:
🗓️ Date: Tuesday, June 24, 2025 📍 Location: Liberty North, Barrie, ON 🎤 Hosted by: Faris Team Real Estate Brokerage 🎟️ Tickets: Early Bird $30 | Regular $40 (Includes catered lunch + Q&A)
Mayor Alex Nuttall – Discussing what’s coming next for Barrie’s growth, development, and economic investment
Mark Faris – Canada’s #1 real estate broker, sharing actionable buying and selling strategies for this unique moment
Ben Rabidoux – Canada’s top housing economist, with insider perspective on where rates, prices, and trends are headed
This isn’t just a presentation—it’s a rare opportunity to get face time with the people shaping the future of real estate in Simcoe County.
You’ll walk away with: ✅ Real-time insights on market timing ✅ Strategies to profit from Barrie’s growth ✅ Answers to your biggest real estate questions ✅ Premium networking with top local investors, homeowners, and developers
Reserve your seat now before it sells out: 👉 Get your ticket on Eventbrite