April 2026 Real Estate Market Update: Navigating Simcoe County's Shifting Landscape
Our perspective for the next 3-6 months is that the key focus will be on the inflationary impacts of the Iranian conflict, with direct impacts on oil and gas prices at the pump and on any manufacturing processes connected to oil. This will likely keep the Bank of Canada caught between a softening domestic economy and its mandate to control inflation.
We expect that short-term rates remain largely unchanged, and, while the conflict continues, expect continued pressure to the upside on 5-year fixed rates.
What This Means for the Housing Market
Consequently, our outlook for the housing market is unchanged to slightly softer until confidence returns and first-time buyers decide to step in. The recent changes allowing a 100% exemption on new-build HST may help builders move some of their existing inventory. The downside of this is that increased inventory hitting the market from the builders will weigh on prices on the resale market.
Each property is, of course, unique, and to see how these factors may impact your home, please click here for your free, no-obligation market evaluation.
March Market Shifts at a Glance
Active Inventory continues to grow across most neighbourhoods, offering buyers a choice. Here is a quick look at how March 2026 compared to March 2025 across our local markets:
A Note on Pricing: The use of Average Sold Price can be a misleading indicator of a typical home's value, as it's highly sensitive to the specific mix of properties sold in a given month. Please note that the average sold prices reflected in our historical charts specifically represent all detached properties.
Dive Deeper into Your Neighbourhood
Want to see the specific historical trends for your community? Click your area below to view our detailed, interactive historical charts: