If you’ve been putting off buying a home due to economic uncertainty, tariffs, or trade wars, you’re not alone. Many buyers are hesitant, worried about instability. But what if we told you that this is actually the best time to buy? With home prices down, interest rates slashed, and your buying power higher than you think, the numbers are working in your favor more than ever before.
Last week, the Bank of Canada cut interest rates for the seventh time in nine months, reducing rates by another 0.25%. The goal? To counteract economic challenges—including the recent U.S. tariffs on Canadian steel and aluminum—and keep the economy moving.
What does this mean for you? Lower mortgage rates = lower monthly payments = more home for your money. If you’re thinking of moving up to a bigger home, now is the time to act. The numbers prove it.
Many buyers are focused on what their home was worth, feeling discouraged by market declines. But the real number you should be watching is your Delta—the difference between what you sell your current home for and what you’ll pay for your next home. And that number is working in your favor.
In 2022:
Your home’s value: $1,100,000
Your dream home’s value: $1,500,000
Delta A = $400,000 (the gap between your current and future home)
In 2025:
Your home’s value: $800,000
Your dream home’s value: $1,050,000
Delta B = $250,000
At first glance, it might look like your home’s value dropped. But here’s the hidden advantage:
✅ Your Delta shrank by $150,000, meaning you need far less money to move up to your dream home!
✅ With today’s record-low interest rates, your mortgage payment could be $800 to $900 cheaper per month compared to when prices were higher.
✅ When the market rebounds and your new home climbs back up to $1,500,000, you’ll have gained $600,000 in equity!
Lower Interest Rates = More House for Your Money – With rates continuously dropping, you’ll get a lower monthly payment for the same home than you would have just a year ago.
Sellers Are More Motivated – Many sellers are adjusting to market conditions, meaning you have more negotiating power and can secure better deals.
Less Competition – While other buyers sit on the sidelines, you get first pick of the best properties before the next surge.
If you're looking to maximize your buying power, you need access to homes that others don’t even know about yet. That’s where Faris VIP comes in.
Faris VIP gives you early access to exclusive listings before they hit the market, including:
✅ Pre-MLS Listings – See homes before they go public.
✅ Private & Off-Market Deals – Be first in line for hidden gems.
Less Competition – Get ahead of the crowd and avoid bidding wars.
More Negotiating Power – Work directly with sellers before their home is widely advertised.
Find Your Dream Home Faster – Gain access to homes that fit your needs before anyone else.
In a shifting market, the best opportunities go fast. With Faris VIP, you get priority access to hand-picked properties that match your goals—often before anyone else even knows they’re available. Get Access to Faris VIP.
📍 Your next move? Contact us today to discuss how this market can work for you. We’ll help you crunch the numbers and find the best opportunities before prices surge again.
Don't wait for prices to climb—capitalize on the market today!