This fall, Ontario’s housing market may get a helpful boost from two big changes:
The U.S. is expected to cut interest rates.
Canada is rolling back some tariffs on U.S. imports starting September 1st.
Both shifts could ease financial pressure and open up opportunities for buyers and sellers across Ontario.
Mortgage relief on the horizon: When the U.S. lowers rates, Canadian bond yields often dip too, which can help bring down fixed mortgage rates here. That means borrowing could get a little cheaper.
Tariffs coming off: With fewer tariffs on U.S. goods, some costs (like certain appliances and home materials) may stop climbing as quickly, which helps both household budgets and renovation plans.
Confidence boost: News of lower rates and less pressure on prices tends to give buyers more confidence, which can bring more people back into the market.
More negotiating power: Inventory in Ontario has been building, giving buyers more options and room to negotiate.
Friendlier mortgage environment: Fixed rates could improve if borrowing costs ease.
Renovation perks: With some U.S. goods becoming cheaper, upgrading kitchens or bathrooms might not sting as much.
A busier market: Headlines about lower rates could encourage more buyers to book showings.
Stronger first impressions: With more listings available, pricing right and presenting well will matter more than ever.
Better timing: Listing in a window of improving buyer confidence can give you a valuable edge.
Update your mortgage pre-approval and lock in a rate hold.
Compare fixed and variable mortgages — and stress-test your budget.
Keep an eye on neighbourhoods with more listings; they offer the best deals.
Look for savings on renovations as tariffs roll back.
Ask about off-market listings to get access before the competition.
Price competitively to attract serious buyers.
Use small updates (appliances, fixtures) to boost appeal without overspending.
Make the first two weeks on the market count with professional photos and strong marketing.
Stay flexible — adjust quickly if showings slow down.
Ontario’s real estate market could see a lift this fall thanks to a mix of lower borrowing costs and a little relief on everyday expenses. For buyers, it means better conditions to find the right home. For sellers, it means mo
re buyers feeling confident enough to make a move.
Get a free, no-obligation home evaluation and find out where you stand in today’s market.