Many buyers are asking the same question right now — should I buy now, or wait until interest rates drop?

It’s a fair question, especially with headlines changing daily. But when you look closely at what’s happening in Guelph, Kitchener-Waterloo, and Cambridge, the numbers tell a clear story: it’s a buyer’s market — and that creates opportunity.

Why It’s a Buyer’s Market Right Now

For the first time in years, buyers have the upper hand.
According to the Canadian Real Estate Association (CREA), the Guelph market currently has about 5.3 months of inventory for single-detached homes and 4.6 months for townhouses — the highest levels in years.

In the Waterloo Region, inventory sits around 4.2 months of supply, while in Guelph alone, roughly 570 homes are actively listed on the market (as of October 2025).

That’s significantly more choice for buyers — and far less competition.
Homes are taking longer to sell, sellers are more flexible on price and terms, and conditions like financing and home inspection are back on the table.

This kind of market doesn’t last forever. When everyone else is waiting, that’s when opportunity knocks.

The Affordability vs. Interest Rate Trade-Off

Many buyers are waiting for interest rates to drop before making a move — but here’s the trade-off most people overlook:
When rates drop, competition floods back in. Prices start climbing, bidding wars return, and your negotiating power disappears.

For example, if rates fell by 1% but home prices rose 8–10% as demand surges, your monthly payment could end up the same or higher — and you’d be competing to even secure a home.

Right now, you can:

• Negotiate on price and terms
• Include financing or inspection conditions
• Take your time choosing the right property

Those advantages disappear the moment buyer confidence returns.

Act When Others Aren’t

Real estate success often comes from doing the opposite of the crowd.
When others are sitting on the sidelines, the best opportunities appear.

Once rates drop and buyer confidence rebounds, the market will tighten quickly — and prices will follow.
Don’t follow the herd — position yourself ahead of it.

What This Means for You

If you’re financially ready and planning to own for several years, there’s little benefit to waiting.
You can always refinance later when rates decline — but you can’t go back and buy at today’s prices.

In this market, buyers benefit from:

• More selection
• Less competition
• Stronger negotiating power
• Opportunities to build long-term value

Let’s Talk Strategy

Every buyer’s situation is different — but timing the market perfectly is nearly impossible.
If you’re curious about whether now is the right time to buy, book a quick call with our team.

We’ll review your goals, run the numbers, and help you make an informed decision — with less stress and more success.