Are you ready to move up to a larger home in the Niagara region — and wondering why now might be the right time?
With a smaller dollar-gap between your current home and your next one, and looming price growth forecast across Canada, you’re positioned to act smart now and lock in equity before that gap widens.
Understanding the “Move-Up” Gap
When you're moving from your first home into a larger or more premium property, one of the key factors to consider is the price difference between where you are now and where you want to go.
According to the Canadian Real Estate Association (CREA), average home prices across Canada are forecast to rise by approximately 3% in 2026. That may not sound like much at first glance — but when applied to real prices, the numbers tell a different story.
For example:
A 3% increase on a $500,000 home (your current property) adds $15,000, bringing its value to $515,000.
But a 3% increase on a $700,000 move-up home adds $21,000, pushing it to $721,000.
So while both properties go up in value, the gap between them increases by $6,000 in just one year. And that difference keeps widening the longer you wait — especially in higher price brackets.
That’s why moving up now, while the price gap is relatively small, can help you stretch your equity further and avoid paying more for the same home down the road.
Why Conditions Are Favourable for Move-Up Buyers Right Now
The price gap is narrower today – Prices have remained relatively stable in many parts of Niagara, making the jump to a larger home more manageable.
You’ve likely built up equity – If you've owned your current home for even a few years, that equity can help reduce your down payment or lower your monthly costs.
Forecasted growth will widen the gap – CREA’s 3% national price forecast for 2026 means homes are likely to become more expensive — especially in the mid- to upper-tier segments.
Niagara is still comparatively affordable – The region continues to attract move-up buyers thanks to its value relative to the GTA and other major Ontario markets.
Interest rates may shift again – While rates have levelled out somewhat, waiting too long could mean financing your next home at a higher rate — which impacts monthly affordability.
Key Strategies for Niagara Move-Up Buyers
1. Know your current home’s market value
Before planning your next move, get a clear idea of your home’s worth. As a local expert, I can provide an accurate, up-to-date market analysis.
2. Define your move-up goals
What features do you need in your next home? More space, a home office, a bigger backyard? Think about location, size, amenities, and how much more you’re willing to invest.
3. Plan your timing and transition
Selling first gives you more negotiating power on your next purchase.
Buying first may require bridge financing or sale contingencies — which we can help coordinate.
Aligning both timelines smoothly is key to avoiding stress or unexpected costs.
4. Leverage your equity wisely
Your existing equity can help reduce your mortgage amount, improve loan terms, or allow you to stretch your budget to find a better-suited home.
5. Work with a local expert who understands the move-up market
The Niagara region has its own dynamics — including seasonal trends, inventory levels, and buyer competition. Having a local agent by your side makes the process smoother and more strategic.
What “Waiting” Could Cost You
Let’s say your move-up home costs $700,000 today. A 3% increase would add $21,000 to that price. At the same time, if your current home only gains $15,000 in value, the gap between the two increases — costing you more to upgrade later.
Plus, any uptick in interest rates means higher monthly payments, even if the sale price stays the same.
Timing your move now could save you thousands — and secure a better long-term investment.
Selling a Home in Niagara Is Central to the Strategy
Since your ability to buy your next home often depends on selling your current one, you want that sale to go smoothly and profitably.
Here’s how to set it up for success:
Prepare your home with minor updates and thoughtful staging
Price it competitively based on Niagara market data
Market it strategically to attract serious buyers
Time your sale to support your next purchase
When you sell right and buy smart, you make the most of your move-up moment.
Final Takeaway
If you’re thinking about moving up in the Niagara region, now is your window of opportunity. With a smaller price gap, strong equity, and national price increases on the horizon, today’s market favours proactive move-up buyers.
Let’s build a plan that fits your goals — and gets you into a home that truly fits your lifestyle.
Ready to take the next step?
Contact me, Scott Fishman, REALTOR®, specializing in Niagara region real estate — including St. Catharines, Niagara Falls, Port Colborne, and Fort Erie.
Let’s book a consultation and map out your move-up strategy today.