Gary Morehouse Realty

Gary Morehouse Realty REALTOR® for Residential and Commercial Real Estate. Morehouse. More home.

Professional residential and commercial real estate services in the Greater Fredericton area.

06/24/2026

I found an article that really caught my attention today - a new RBC poll showing that two-thirds of Canadians don't believe there's such a thing as the "perfect time" to buy a house. You know what? I think they're onto something.

We hear it all the time, don't we? People waiting for rates to drop just a bit more, or for prices to come down, or for the market to be "just right." But here's the thing - life doesn't wait for perfect market conditions. Whether it's a growing family, a job change, or just being ready to put down roots here in our area, sometimes the right time is simply when it's right for YOU.

The truth is, there will always be something to wait for or worry about. But if you've been on the fence about buying or selling, maybe it's worth having a conversation about what makes sense for your situation right now, not what the headlines say you should do.

If you've been thinking about making a move and want to talk through what the market looks like locally, I'm always happy to chat over coffee. No pressure, just honest conversation about your options.

https://realestatemagazine.ca/two-thirds-of-canadians-say-theres-no-such-thing-as-the-perfect-time-to-buy-a-house-poll/

06/23/2026

This inflation news hitting the headlines today is definitely something worth discussing, folks. Gas prices have pushed Canada's inflation rate up to 3.2% in May – the highest we've seen since 2023. While much of this spike is being driven by what's happening at the pumps, it's a reminder that the cost of living pressures are still very real for many families.

What does this mean for anyone thinking about buying or selling here in our area? Well, economists are saying the Bank of Canada will likely hold steady on interest rates for now, recognizing that outside of gas prices, the economy is showing some weakness. That's actually somewhat encouraging news if you've been waiting to see what direction rates might take this year.

The reality is that even with these economic headwinds, life goes on and people still need to make housing decisions that work for their families. Whether you're considering a move, wondering about your home's value, or just trying to make sense of what all this economic news means for your situation, I'm always happy to chat about what we're seeing locally.

If you have questions about how current conditions might affect your plans, don't hesitate to reach out. Sometimes a quick conversation can really help clarify things.

https://financialpost.com/news/economy/bank-of-canada-hold-interest-rates-gas-inflation

06/22/2026

I'm seeing some really interesting patterns emerge in the Canadian housing market this year! While places like Toronto and Vancouver continue to see prices soften, many other provinces across Canada are actually hitting record highs. It's a tale of two markets right now.

What does this mean for us here in our area? Well, New Brunswick hasn't been experiencing the same dramatic swings as those larger metro markets. We're in a more balanced position, which can actually be good news whether you're thinking of buying or selling. The fundamentals in our local market remain strong, and we're not seeing the extreme peaks and valleys happening elsewhere.

I always tell my clients that national headlines don't always reflect what's happening in your own backyard. Real estate is incredibly local, and understanding the nuances of our specific market is what matters most when you're making a decision about buying or selling your home.

If you've been wondering how the broader Canadian trends might impact your situation here locally, I'm always happy to chat over a coffee and walk through what the numbers actually mean for you.

https://betterdwelling.com/canadian-home-prices-hit-record-highs-in-most-provinces-bc-on-drag/

06/19/2026

I wanted to share something interesting I came across this morning about the luxury home market across Canada. According to a new RE/MAX report, we're seeing a shift where luxury home sales are actually rising in smaller markets while Toronto and Vancouver are cooling off.

This trend is really telling us something about what buyers are valuing these days. More people are discovering that you don't need to be in a major metro area to find quality, luxury, and a great lifestyle. Here in our area, we've been seeing increased interest from buyers who are realizing they can get so much more for their investment outside the big city pressures.

Whether you're looking at the luxury market or just curious about what's happening with home values locally, these national trends do trickle down and affect us. It's a reminder that our market here has its own unique strengths and opportunities.

If you've been thinking about what your home might be worth in today's market, or you're curious about what's available, I'm always happy to chat over coffee and share what I'm seeing.

https://www.canadianmortgagetrends.com/2026/06/luxury-home-sales-rise-in-smaller-canadian-markets-as-toronto-and-vancouver-cool-re-max/

06/18/2026

Great news for anyone thinking about making a move! The mortgage market is showing real signs of life according to a new report from Morningstar DBRS. After a challenging couple of years, we're finally seeing some positive momentum that could make a difference for buyers and sellers here in our area.

The recovery is still described as "fragile," which means we're not out of the woods yet, but the trend is encouraging. For those of you who've been sitting on the fence waiting for the right time, these early signs of improvement in the mortgage market could mean better conditions ahead for financing your next home.

Whether you're looking to buy your first home, upsize, or make a move within our community, understanding where the mortgage market is headed can help you make the best decision for your situation. I'm always happy to chat about what these trends might mean for your specific plans.

If you've been curious about what's happening in our local market or want to talk through your options, reach out anytime. No pressure, just friendly conversation!

https://www.canadianmortgagetrends.com/2026/06/mortgage-market-showing-signs-of-life-but-recovery-remains-fragile-morningstar-dbrs/

06/17/2026

The Canadian housing market is showing some really interesting signs of life! According to the latest numbers from CREA, home sales across Canada rose 5.5% in May compared to April. After a slower start to the year, it's encouraging to see momentum building as we head into the summer season.

Now, it's worth noting that sales are still down about 5% compared to May last year, so we're rebuilding from a pretty challenging starting point. But the direction is positive, and that matters. What we're seeing is buyers who've been sitting on the sidelines starting to feel more confident about making their move.

Here in our area, I'm definitely sensing that same shift in energy. Spring and summer are traditionally our busiest seasons, and this year seems to be following that pattern. If you've been thinking about buying or selling but weren't sure about timing, this could be a good moment to have a conversation about what's happening locally.

If you'd like to chat about what these trends mean for your specific situation, I'm always happy to grab a coffee and talk it through!

https://www.zoocasa.com/blog/canada-home-sales-increase-may-2026-crea/

06/16/2026

Canadian household wealth has been climbing again, and a big driver? You guessed it - housing! According to recent data, home equity continues to be a major contributor to net worth for families across the country, and that's certainly something we're seeing reflected here in our area too.

For homeowners locally, this is a reminder that real estate remains one of the most reliable ways to build long-term wealth. Even with all the market ups and downs we've experienced over the past few years, property ownership continues to provide stability and growth potential that's hard to match with other investments.

If you've been thinking about making a move or wondering where you stand with your home equity, now might be a great time to have that conversation. Whether you're looking to upsize, downsize, or just curious about your options, I'm always happy to chat through what makes sense for your situation.

https://betterdwelling.com/canadian-household-wealth-climbs-housing-boosts-net-worth-again/

06/15/2026

The latest household debt numbers are painting a concerning picture for Canadian families, and it's something I think we should all be paying attention to. Recent data shows that Canadian household debt is now consuming 1 in every 7 dollars of income, which means families are dedicating a significant chunk of their earnings just to servicing debt before they can even think about saving or investing.

For those of us here in our area, this is a reminder of why getting your mortgage strategy right matters so much. Whether you're a first-time buyer trying to figure out how much home you can truly afford, or you're looking to sell and move into something that better fits your budget, understanding your debt-to-income ratio is crucial. It's not just about qualifying for a mortgage—it's about making sure your housing costs leave you room to breathe and enjoy life.

The good news is that mortgage borrowing has actually been slowing down, which suggests people are being more cautious. That's a smart approach in any market. If you're thinking about buying or selling and want to have a realistic conversation about what makes sense for your financial situation, I'm always happy to chat—no pressure, just honest advice.

https://betterdwelling.com/canadian-household-debt-now-consumes-1-in-7-dollars-of-income/

06/12/2026

Great news for anyone watching the housing market! The Bank of Canada might be getting closer to ending its pause on interest rates, which could mean some shifts ahead for mortgage rates and affordability here in our area.

We've been in a holding pattern for a while now, and many buyers and sellers have been wondering what comes next. If the Bank does make a move, it could impact everything from what you can afford to borrow to how quickly properties are moving in our local market. It's one of those national stories that has very real effects right here at home.

Whether you're thinking about buying your first home, selling to upsize or downsize, or just keeping an eye on the market, staying informed about these potential rate changes is so important. The decisions made in Ottawa definitely trickle down to what we're seeing day-to-day in New Brunswick.

If you've got questions about what interest rate changes might mean for your specific situation, I'm always happy to chat over a coffee. No pressure, just good conversation!

https://financialpost.com/news/bank-of-canada-end-interest-rate-pause

06/11/2026

The Bank of Canada held interest rates steady at 2.25% yesterday, and this is important news for anyone thinking about buying or selling here in our area. While rates aren't changing right now, the Bank is warning about some economic headwinds that could make their decision-making trickier in the months ahead.

What this means for us locally is that mortgage rates should stay relatively stable in the short term, which gives buyers and sellers some predictability when planning their next move. If you've been sitting on the fence about listing your home or finally making an offer, this kind of stability can actually be a good thing for making confident decisions.

The Bank mentioned they're "in no rush" to raise rates, but they're keeping their options open depending on how the economy plays out. It's a bit of a wait-and-see moment, but at least we're not dealing with any surprises right now.

If you're curious about how current rates might affect your particular situation or your timeline for buying or selling, I'm always happy to chat and walk through the numbers together.

https://www.canadianmortgagetrends.com/2026/06/bank-of-canada-holds-at-2-25-and-warns-of-policy-dilemma/

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Fredericton, NB

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+15062629500

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