Gary Morehouse Realty

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/

06/10/2026

Great news for renters across Canada! According to a new CMHC report, rents are actually falling as new housing completions surge and demand slows down. This is a refreshing change after years of climbing rental rates putting pressure on so many families and young people.

Now, the CMHC does expect rents to rebound eventually, but this temporary relief could be exactly what some folks need to catch their breath and build up savings. For those of you who've been renting and dreaming of homeownership here in our area, this could be your window to put a bit more away for that down payment.

The rental market and the housing market are always connected, and what happens with rentals often signals shifts in buyer demand too. It's a reminder that markets move in cycles, and timing can make a real difference in your real estate journey.

If you've been thinking about making a move—whether from renting to buying, or just curious about what options are out there—I'm always happy to chat over a coffee about what makes sense for your situation.

https://www.canadianmortgagetrends.com/2026/06/rents-fall-as-new-completions-surge-and-demand-slows-but-rebound-expected-cmhc/

06/09/2026

The Bank of Canada is taking a cautious approach when it comes to interest rate decisions, and they're making it clear they're "not in a rush" to rescue struggling housing markets. This is important news for anyone thinking about buying or selling here in our area.

What does this mean for us locally? Well, it suggests we shouldn't expect dramatic rate cuts just because some markets are struggling. The Bank is focused on the broader economy, and they're being deliberate with their moves. If you've been waiting on the sidelines hoping for rates to drop quickly, this might be a signal to recalibrate your timeline.

The good news is that our market here tends to be more stable than some of the big city markets that grab headlines. We're not seeing the wild swings that Toronto or Vancouver experience, which means steady, informed decisions can still work in your favour.

If you're wondering how current rates might affect your buying power or selling strategy, I'm always happy to chat over a coffee and talk through your specific situation.

https://financialpost.com/real-estate/bank-of-canada-not-in-rush-rescue-housing-markets

06/08/2026

I'm seeing some encouraging news on the job market front this morning! Canada just posted a historic surge in employment numbers, and while economists are noting there's more to the story than the headline suggests, it's still a positive signal for our economy overall.

Strong employment numbers typically translate into more confidence for buyers and sellers in the housing market. When people feel secure in their jobs, they're more likely to make those big life decisions – whether that's upgrading to a larger home, relocating for work, or finally taking that first step into homeownership here in our area.

Of course, every market is unique, and what's happening nationally doesn't always play out the same way locally. If you're wondering what these broader economic trends might mean for your specific situation, I'm always happy to chat about what we're seeing right here in the Fredericton and Woodstock market.

Feel free to reach out anytime if you have questions about buying or selling!

https://betterdwelling.com/canadas-job-market-posts-historic-surge-but-theres-a-catch/

06/05/2026

This is interesting news for anyone thinking about their mortgage strategy here in our area. The Parliamentary Budget Officer is predicting the Bank of Canada will raise interest rates to 2.75% by 2027. That's up from where we are today, and it's worth paying attention to if you're planning to buy or renew a mortgage in the coming months.

I know rate predictions aren't always perfect, but this kind of forecast can help us make smarter decisions about timing and affordability. If you've been thinking about locking in a rate or want to understand what this might mean for your purchasing power locally, it's a good conversation to have sooner rather than later.

The good news is that even with potential increases on the horizon, there are still solid opportunities in our market for prepared buyers. Knowledge is power when it comes to real estate planning.

If you'd like to chat about what rising rates could mean for your specific situation, I'm always happy to talk it through over coffee.

https://financialpost.com/news/economy/bank-of-canada-will-hike-interest-rate-2027-pbo

06/04/2026

Housing affordability has been top of mind for so many of us here in our area, and there's been a lot of talk about whether cutting development fees could help make homeownership more accessible. According to a new report from CMHC, the answer isn't quite that simple.

While reducing development fees might sound like an easy fix, CMHC is pointing out that it's just one piece of a much bigger puzzle. Things like land costs, construction expenses, and overall demand all play major roles in what we're seeing at the price point. It's a good reminder that there's no single magic solution to making housing more affordable for families looking to buy locally.

That said, every bit helps, and it's encouraging to see these conversations happening at the national level. Whether you're thinking about buying your first home or looking to move up, understanding these bigger market forces can help you make better decisions about timing and budget.

If you've been wondering how all this affects our local market or what it means for your homebuying plans, I'm always happy to chat over a coffee. No pressure, just good conversation!

https://www.canadianmortgagetrends.com/2026/06/slashing-development-fees-is-not-a-cure-all-for-housing-affordability-cmhc/

06/03/2026

Interesting trend happening across Canada right now! Royal LePage is reporting a noticeable uptick in American interest in Canadian real estate whenever things get turbulent south of the border. Their website traffic from the U.S. jumps significantly during uncertain times, and that curiosity often translates into real cross-border buyers.

What does this mean for us here in our area? Well, it's a reminder that Canada's stability and quality of life continue to attract attention from beyond our borders. While we might not see the same volume of international buyers as Toronto or Vancouver, any increase in demand helps support our local market values.

If you're thinking about selling and wondering about buyer demand, or if you're looking to buy and concerned about competition, these broader market trends do trickle down to affect us locally. It's all part of the bigger picture.

Always happy to chat about what we're seeing in our market and how these trends might impact your specific situation. No pressure, just conversation over coffee!

https://realestatemagazine.ca/when-america-gets-turbulent-canada-gets-the-clicks-says-royal-lepage/

A record 78,000 Americans visited Royal LePage's website in one week as geopolitical tensions and political unrest intensified

06/02/2026

I've been reading about why Canada builds fewer homes than the U.S., and it's really eye-opening stuff from CMHC. This isn't just about one city or province – it's a national issue that affects all of us, including right here in our area.

The analysis digs into the regulatory, financial, and structural differences between our two countries when it comes to housing construction. Understanding these challenges helps explain why we're facing the housing supply crunch we're all experiencing. It's not a simple fix, but knowing what we're up against is the first step.

Whether you're trying to buy your first home or thinking about selling, these big-picture housing supply issues have real impact on local market conditions and what options are available to you.

If you've got questions about what's happening in our market or just want to chat about your housing plans, I'm always happy to help!

https://realestatemagazine.ca/new-cmhc-analysis-explores-why-canada-builds-fewer-homes-than-the-u-s/

06/01/2026

Hey friends! 👋

Just read some interesting news about the rental market across Canada that definitely caught my attention. According to a new report, one in five rental listings is now offering move-in incentives as the market shifts more in favour of renters. We're talking about perks like free months of rent, waived deposits, or other sweeteners to attract tenants.

This is quite a change from the tight rental market we've seen over the past few years! It shows that landlords are feeling more competition and need to work harder to fill their properties. If you've been thinking about renting or you're a landlord wondering about the current climate, this shift is definitely worth understanding.

Whether you're looking to rent, buy, or invest in property here in our area, I'm always happy to chat about what we're seeing locally and how these broader trends might affect your plans. Feel free to reach out anytime!

https://realestatemagazine.ca/one-in-five-rental-listings-now-offers-move-in-incentive-as-market-shifts-in-renters-favour-report/