08/06/2026
📊 JULY 2026 MARKET UPDATE
☀️ Summer Slowdown�July followed the typical seasonal trend with slightly fewer listings and sales, a small increase in days on market and inventory, and a slight dip in average sale price compared to the busy spring market.
🍂 What's Next?�August is expected to remain steady, with market activity likely picking up again through the fall.
📈 Market Highlights�- Gordie Howe Bridge is now open�- HST relief on new builds is in effect�- Variable mortgage rates remain below 4% for many qualified buyers
⚠️ What We're Watching�- Ongoing tariff/trade tensions�- Potential increases to fixed mortgage rates
Have any questions? Call or text Trudy Enns, Real Estate Agent at (226) 346-3233, Lisa Neufeld, Real Estate Agent at (519) 324-7501 or Timothy Mercer, Broker at (519) 791-4659 for further details or to book a private showing!