A recent national forecast from TD Economics predicted a 2% dip in average Canadian home prices in the second half of 2025. The reasoning? Economic uncertainty, slower trade activity, and caution in larger urban markets like Toronto and Vancouver. But here in Niagara, things are moving in a very different direction.

What we’re seeing on the ground is a clear uptick in buyer interest, particularly among first-time buyers. That’s largely due to one thing: relative affordability. While other cities are grappling with million-dollar entry points, Niagara still offers single-family homes under $600,000, especially in cities like Welland, Port Colborne, and parts of St. Catharines. This price point opens the door for people who have been sidelined for years.

So, what does this mean if you’re buying or selling?

• Buyers: National headlines can be helpful context, but they don’t always reflect what’s happening in our region. Niagara is still competitive, but more listings mean you have room to breathe, and maybe even negotiate.

• Sellers: Pricing right is still critical. While we don’t expect big drops locally, buyers are more informed and more cautious. The right strategy and prep can still get you a strong sale.

Bottom line? The Niagara market is doing its own thing, and that’s a good thing.