The only thing certain in this market is 'uncertainty.' 🤷‍♂️

In our numerous daily conversations with buyers and sellers about what to expect this year, or when they should plan to buy or sell, one word consistently surfaces in our discussions - 'uncertainty.' Clients often turn to us for guidance in making one of the most significant decisions in their lives, a choice that carries substantial financial implications and lifestyle effects. In turn, we look to experts for the information and insights that shape our views, including economists, financial advisors, political leaders, and real estate analysts. Yet, the same term keeps appearing in all the articles, reports, and podcasts - 'uncertainty.'

Every positive real estate influence or change in Canada is met by another force that challenges our outlook. We are barely 45 days into 2025, and we have had our Prime Minister step down, a threat of 25% tariffs from the largest economy in the world (and our number one trading partner), and a provincial election announced. Even Ivy League-educated, six-figure experts are throwing their hands up in the air.

There comes a point when relying on the data and market predictions becomes futile. For investors, the answer seems simple, sit on the sidelines and wait. But for the countless individuals who need to move forward with their lives, it may be time to stop timing the market. Whether you are a family outgrowing your home, a renter ready for ownership, or a boomer planning retirement, the answer to 'when should I make the move' is whenever you're ready.

Real Estate has always been considered ideal for long-term investing. The high buying and selling costs and low liquidity deter quick trades, in contrast to its asset counterparts of equities, commodities, and cash. Outside of investing, a home has many intrinsic and practical value. These core principles should be the guiding driver behind your real estate moves this year. Decide to buy or sell because it is the right time for you or your family, not because of the headlines or out of fear. Prepare for the market when you are ready, not when you think you will sell for the highest price or buy for the lowest price. And Plan conservatively and with a long-term outlook.

We don't know what tomorrow will look like, and outside of 'planning for the worst and hoping for the best,' you can still make sound real estate decisions that positively impact you now and into the future.

For more information and advice, stay tuned,

Cari and Paul