Tips & Tricks 24 March 2026

2026 First-Time Buyer Changes: What They Mean for You

If you’ve been sitting on the sidelines waiting for the right moment to buy a home, this might be it.

As of March 12, 2026, a new federal law—Bill C-4—has officially come into effect, introducing some of the most significant changes for first-time home buyers in decades. And the impact is real: for many buyers, this could mean tens of thousands of dollars in savings and a much clearer path to homeownership.

Here’s what you need to know.

💰 1. Up to $50,000 in GST Savings on New Homes

One of the biggest changes is the new GST rebate for first-time buyers purchasing newly built or pre-construction homes.

If the purchase price is under $1 million, the 5% GST may be fully waived. That’s a potential savings of up to $50,000 right off the top.

Even if the home is priced between $1 million and $1.5 million, you may still qualify for a partial rebate.

What this means:

This isn’t just a small incentive—it can significantly reduce your upfront costs and make new builds far more competitive with resale homes.

🏡 2. More Homes Are Now Within Reach

The maximum price for insured mortgages (those with less than a 20% down payment) has now increased to $1.5 million, up from the previous $1 million cap.

What this means:

Buyers who were previously priced out of certain property types may now have more flexibility. Instead of feeling limited to condos or smaller homes, you may now be able to consider townhomes or even detached properties with a lower down payment.

📉 3. Lower Monthly Payments with 30-Year Amortizations

First-time buyers now have access to 30-year amortizations on insured mortgages.

What this means:

By extending the length of your mortgage, your monthly payments can be significantly reduced. This can make it easier to qualify for a home and give you more breathing room in your monthly budget.

💡 4. The “Savings Stack” Advantage

Today’s buyers also have access to more tools than ever before when it comes to saving for a home.

  • The First Home Savings Account (FHSA) allows for tax-free savings
  • The Home Buyers’ Plan (HBP) allows you to withdraw up to $60,000 from your RRSP

What this means:

When combined, these programs can substantially boost your down payment—helping you get into the market sooner and with more confidence.

🔑 The Bottom Line: The Math Has Changed

What makes these changes so impactful is how they work together.

Lower upfront costs, reduced monthly payments, and increased purchasing power mean that the numbers may look very different from what they did even a few months ago.

That home that felt just out of reach before? It might now fit your budget.

📊 Want to See What This Means for You?

Every buyer’s situation is different, and these new rules can impact your budget in unique ways.

If you’re curious about what you can afford in today’s market—or how these changes apply to you—let us help you. We have an agent who can walk you through the numbers and connect you with a trusted mortgage professional to explore your options.

Reach out anytime at 705-743-4444 to start the conversation.

Events 18 March 2026

Maple Syrup Festivals in the Kawarthas & Nearby

There’s something about March in the Kawarthas—longer days, melting snow, and that unmistakable smell of fresh maple syrup in the air. Maple season is one of the sweetest signs of spring in Ontario, and across the Kawarthas and surrounding regions, sugar bushes and festivals come alive with tours, tastings, and family-friendly experiences.

If you’re looking to plan a local outing (or a short road trip), here are some of the best maple syrup festivals and experiences happening in and around the Kawarthas this March.

🍁 Maple Weekend & Sugar Bush Experiences (Kawarthas Region)

Across the Kawarthas, maple season is celebrated through a series of farm tours and “maple weekend” experiences rather than one single festival.

What to Expect:

  • Guided sugar bush tours

  • Tree tapping demonstrations

  • Fresh maple taffy and syrup tastings

  • On-site farm shops and local products

Many local producers open their doors throughout March, offering visitors a chance to see how syrup goes from tree to table—and sample plenty along the way.

👉 Explore Kawartha Lakes Maple Experiences

🍁 Warkworth Maple Syrup Festival (Nearby Northumberland)

A short drive from Peterborough, Warkworth hosts a charming small-town maple celebration centred around local sugar bushes.

Highlights:

  • Maple-themed events throughout the village

  • Activities at nearby sugar bushes, like Sandy Flat

  • Local vendors and seasonal treats

It’s a great mix of rural charm and community celebration.

👉 Learn more about Warkworth Maple Festival

🍁 Purple Woods Maple Syrup Festival (Oshawa)

One of the most popular festivals within easy driving distance, this event runs on select dates in March.

Dates:

  • March 14–16, 2026 (plus additional dates)

Highlights:

  • Horse-drawn wagon rides through the sugar bush

  • Interactive demonstrations

  • Pancakes with fresh maple syrup

  • Family-friendly activities

👉 Purple Woods Maple Syrup Festival Details & Tickets

🍁 Pefferlaw Creek Farms Maple Syrup Festival (Uxbridge)

A great option if you’re looking for a full farm experience.

Dates:

  • Weekends from March 7 to April 19, 2026

Highlights:

  • Sugar shack and tapping tours

  • Pancake meals with local ingredients

  • Hiking trails and live music (select dates)

👉 Pefferlaw Creek Farms Maple Festival Info

🍁 Brooks Farms Maplefest (Uxbridge)

Perfect for families, this festival combines maple education with fun activities.

Dates:

  • March 14–22, 2026 (plus select later dates)

Highlights:

  • Wagon rides and sugar bush tours

  • Barnyard play areas

  • Maple syrup tastings and campfires

👉 Brooks Farms Maplefest Details

🍁 Sugarbush Maple Syrup Festival (GTA Conservation Areas)

If you’re up for a slightly longer day trip, this well-known festival runs across multiple conservation areas.

Dates:

  • Weekends March 7 – April 6, 2026 (including March Break)

Locations:

  • Bruce’s Mill Conservation Park

  • Kortright Centre for Conservation

Highlights:

  • Live demonstrations

  • Family programming

  • Educational exhibits

👉 Sugarbush Maple Syrup Festival Info

🍁 Maple Syrup in the Park (Terra Cotta Conservation Area)

Another great March Break option with a mix of education and outdoor fun.

Dates:

  • March 19–22 and March 28–29, 2026

Highlights:

  • Wagon rides to the sugar bush

  • Interactive demonstrations

  • Pancake breakfasts with real maple syrup

👉 Maple Syrup in the Park Details

Planning Your Maple Season Visit

  • Go early in the day: Popular festivals fill up quickly, especially on weekends.

  • Dress for the weather: You’ll be walking through muddy trails and snowy woods.

  • Bring cash: Many smaller sugar bushes are cash-only.

  • Book ahead when possible: Some events require timed tickets or advance reservations.

A Sweet Way to Welcome Spring

Whether you’re staying close to home in the Kawarthas or exploring nearby communities, maple syrup season is one of the most quintessentially Canadian experiences you can have. From rustic sugar shacks to full-scale festivals, there’s no shortage of ways to celebrate—and plenty of syrup to taste along the way.

If you’re looking for a simple local outing, start with Kawartha-area sugar bushes. If you’re up for a short road trip, the surrounding regions offer some of Ontario’s most well-loved maple festivals, all within a couple of hours of Peterborough.

Tips & Tricks 13 March 2026

How to Prevent Early Spring Pests from Invading Your Home

As the weather starts to warm up, early spring brings longer days, melting snow, and, unfortunately, the return of household pests. After spending the winter looking for warmth and shelter, insects and small animals begin becoming active again and often try to make their way indoors.

The good news? A few simple preventative steps around your home can make a big difference in keeping unwanted visitors like mice, wasps, ants, and spiders outside where they belong.

Here’s how to get ahead of early spring pests before they become a bigger problem.

Seal Up Entry Points

One of the most effective ways to prevent pests is by stopping them from getting inside in the first place. Small gaps around your home can act like an open door for mice and insects.

Take a walk around the exterior of your home and check for:

  • Cracks in the foundation

  • Gaps around windows and doors

  • Openings around pipes or utility lines

  • Damaged weather stripping

  • Loose siding or vents

Use caulking or expanding foam to seal small openings, and install door sweeps if needed. Remember, mice can squeeze through holes as small as a dime, so even tiny gaps are worth fixing.

Clean Up the Yard

Your yard can unintentionally create the perfect habitat for pests if it isn’t maintained.

Early spring is a great time to:

  • Trim bushes and tree branches away from the house

  • Move firewood away from exterior walls

  • Clean out gutters and downspouts

These areas can provide shelter for rodents and insects, and keeping them clear makes your home less appealing to pests.

Watch for Early Wasp Activity

Spring is when queen wasps begin searching for places to build new nests. Catching them early can prevent a much bigger issue later in the season.

Check common nesting spots such as:

  • Under eaves and soffits

  • Inside sheds or garages

  • Under deck railings

  • Around light fixtures and outdoor furniture

If you notice the start of a small nest, it’s much easier to remove early in the season before it grows.

Keep Food Sources Sealed

Pests are always looking for food, and your home can provide plenty of opportunities if items aren’t properly stored.

Simple steps include:

  • Keeping garbage bins tightly sealed

  • Storing pantry items in airtight containers

  • Cleaning up crumbs and spills quickly

  • Avoiding pet food being left out overnight

Even small food sources can attract ants, mice, and other pests.

Check Attics, Basements, and Garages

These areas often go unnoticed during winter, making them ideal hiding spots for rodents.

Look for signs such as:

  • Droppings

  • Chewed materials

  • Nesting debris like shredded paper or insulation

  • Small entry holes

If you notice evidence of mice or other pests, it’s best to address it early before populations grow.

Repair Screens and Vent Covers

Window screens, soffit vents, and exhaust vents help keep insects out, but they only work if they’re intact.

Check for:

  • Torn window screens

  • Loose vent covers

  • Gaps in soffit vents

Repairing these early in the season can stop flies, wasps, and other insects from getting inside.

A Little Prevention Goes a Long Way

Early spring is the ideal time to deal with pest prevention because most infestations start small. Taking a few hours to inspect your home and handle minor maintenance can save you from much bigger problems later in the season.

Keeping your home sealed, tidy, and well-maintained not only helps prevent pests but also protects the overall value and comfort of your property.

Market Stats 6 March 2026

Real Estate Market Analysis for February 2026

The February 2026 real estate statistics for the City of Peterborough show a slower market compared to the same time last year, with fewer sales, lower average prices, and more homes available for buyers to choose from. These changes suggest the local market is shifting toward more balanced conditions after several years of intense competition.

Key Market Highlights

  • Average Sale Price: $543,857

  • Average Number of Sales: 47

  • Active Listings: 207

  • Average Days on Market: 30

Year-Over-Year Comparison

Compared to February 2025:

  • Average Sale Price: down 8.9% (from $597,205)

  • Number of Sales: down 16.1% (from 56)

  • Active Listings: up significantly from 161 to 207

A growing supply of homes combined with fewer sales is helping to slow price growth and reduce the pace of the market. In real estate, when inventory increases while sales decline, buyers typically gain more negotiating power.

More Listings, More Choice

One of the biggest changes in the market this year is the increase in available listings. With 207 homes on the market, buyers have considerably more options than they did last February.

During the highly competitive markets of the past few years, buyers often faced limited inventory and multiple-offer situations. Now, the increase in supply means buyers can take a bit more time evaluating properties and comparing options.

Homes are still selling in a reasonable timeframe, with an average of 30 days on market, but the pace is slower than the rapid turnover seen in previous years.

Prices Adjusting to Market Conditions

The 8.9% decrease in average sale price year over year reflects a market that is recalibrating after the rapid price growth seen earlier in the decade.

Price changes like this don’t necessarily mean every home is selling for less. Average price can fluctuate depending on the types of homes sold in a given month. For example, if more entry-level homes sell in one month than luxury homes, the overall average price may appear lower even if individual property values remain relatively stable.

However, the shift does signal that buyers are becoming more cautious and price-sensitive, especially with affordability and mortgage rates still playing a role in purchasing decisions.

What This Means for Sellers

For sellers, the key takeaway is that pricing and presentation matter more than ever.

With more homes competing for buyer attention, properly pricing a property based on current market conditions is crucial. Homes that are priced competitively and marketed effectively are still attracting strong interest and selling within a reasonable timeframe.

Sellers should focus on:

  • Accurate pricing based on recent comparable sales

  • Strong marketing and professional presentation

  • Being prepared for negotiation

The days of simply listing a home and expecting immediate multiple offers are less common, but well-prepared listings can still perform very well.

What This Means for Buyers

For buyers, the current market presents more opportunity and flexibility.

With inventory levels rising and fewer competing buyers, purchasers may find they have more time to make decisions and potentially negotiate on price or conditions.

Benefits for buyers right now include:

  • More homes to choose from

  • Less pressure to compete in bidding wars

  • Greater ability to include financing or inspection conditions

For many buyers who felt priced out or rushed in previous years, the current market conditions may create a more comfortable path into homeownership.

Looking Ahead

As we move toward the spring market, activity typically increases as both buyers and sellers re-enter the market. If inventory continues to rise while sales remain moderate, Peterborough could continue trending toward a more balanced market.

For both buyers and sellers, working with a knowledgeable local REALTOR® can help navigate changing conditions and make the most of the opportunities the market presents.

Our team is here to help you understand your options and navigate the market with confidence. We always have an agent on duty to help. Call our office at 705-743-4444 and we will be happy to direct you to a REALTOR® to answer your questions.

*All data from CLAR/TRREB 2025 & InfoSparks®© 2024 MLS® Resale Residential. Information is deemed reliable but is not guaranteed.

 

Highlighted below are some of the major areas we cover with our stats:

Tips & Tricks 18 February 2026

Is Peterborough Still Affordable? A Reality Check for 2026

“Is Peterborough still affordable?”

It’s one of the most common questions we’re hearing in 2026 — from first-time buyers, move-up families, downsizers, and even buyers relocating from larger centres.

The short answer? Affordability looks different than it did five years ago, but Peterborough remains one of the more attainable markets in Ontario when approached strategically.

Here’s a realistic look at what affordability means right now.

How Peterborough Compares to Larger Markets

For buyers coming from the GTA or other major urban centres, Peterborough still offers significantly more value for your dollar. Purchase prices, property taxes, and overall lifestyle costs remain lower than in many larger cities.

However, for local buyers, especially first-time buyers, affordability is tighter than it once was. Rising home values over the past several years, combined with higher interest rates, have changed monthly payment realities.

The key shift in 2026 isn’t necessarily price alone; it’s borrowing power.

The Interest Rate Factor

Even if home prices stabilize, interest rates directly impact monthly affordability. A difference of even half a percent can significantly change qualifying amounts and payment comfort levels.

Today’s buyers are more payment-focused than price-focused. Instead of asking, “What’s the listing price?” many are asking, “What will this cost me each month?”

This mindset shift is healthy. It encourages long-term planning and more sustainable decisions, especially in a market that has moved past ultra-low borrowing costs.

What “Affordable” Really Means in 2026

Affordability isn’t one-size-fits-all.

For some buyers, affordability means:

  • Staying under a specific monthly payment

  • Purchasing a smaller home or condo as a first step

  • Choosing a neighbourhood slightly outside the core

  • Considering townhouses or semi-detached homes

For others, affordability means:

  • Selling and buying in the same market (where gains offset costs)

  • Downsizing to reduce expenses

  • Moving from rural to urban for lower maintenance costs

The definition has shifted from “cheapest possible” to “financially comfortable long-term.”

Where Buyers Are Finding Value

In 2026, buyers are finding opportunity in:

  • Homes that need cosmetic updates

  • Properties that have been on the market longer

  • Balanced negotiations instead of bidding wars

  • Townships and surrounding areas offering slightly lower price points

Unlike the peak frenzy years, buyers now have more time to evaluate options and negotiate terms. That breathing room can create smarter purchases, even if interest rates are higher.

What Sellers Need to Understand

Affordability directly affects buyer behaviour.

Today’s buyers are cautious, informed, and selective. Overpricing in hopes of “testing the market” often results in longer days on market and eventual price adjustments.

Homes that are well-priced and well-presented continue to sell, especially if they align with realistic monthly payment expectations.

Affordability doesn’t mean prices are collapsing. It means buyers are calculating more carefully.

The Lifestyle Factor

One reason Peterborough remains attractive is lifestyle value.

Access to outdoor space, waterfront, trails, schools, and a strong sense of community continue to draw both local and out-of-town buyers. Many people are choosing Peterborough not just because it’s cheaper than Toronto, but because it offers balance.

When you combine lifestyle, relative affordability, and a more stable market environment, Peterborough continues to hold strong appeal in 2026.

So… Is Peterborough Still Affordable?

Compared to five years ago? It’s more expensive.

Compared to larger Ontario markets? Still considerably more attainable.

Compared to the peak frenzy years? More balanced and predictable.

Affordability in 2026 isn’t about chasing the lowest price. It’s about understanding your numbers, planning wisely, and choosing a property that fits your long-term goals.

If you’re wondering what affordability looks like for you, whether you’re buying, selling, or both, having a clear picture of today’s market conditions makes all the difference.

Peterborough is still a place where smart, well-planned moves are possible. The key is strategy.

If you’re wondering what affordability looks like for you in today’s Peterborough market, let’s talk. A quick conversation can give you clarity and a plan. Give us a call at 705-743-4444. We always have an agent on duty!

Market Stats 9 February 2026

Real Estate Market Analysis for January 2026

The Peterborough real estate market started 2026 with a mix of stability and subtle shifts compared to last year. In January, the city saw an average of 53 home sales, down from 61 sales in January 2025, which represents a 13.1% decrease year over year. While this indicates slightly less activity, it’s important to note that the market remains steady, with transactions continuing at a healthy pace.

In terms of pricing, the average sale price in January 2026 was $568,285, a modest increase from $564,618 last year — a 0.6% rise. This suggests that despite fewer sales, home values in Peterborough have largely held steady, reflecting a market that remains resilient and balanced.

Another notable trend is the increase in active listings, which rose from 153 homes in January 2025 to 190 homes this year. With more properties available, homes are spending an average of 51 days on the market before selling. This gives buyers a little more time to explore options, compare properties, and make informed decisions without feeling rushed.

What this means for sellers:
The slight slowdown in sales activity means sellers may need to be a bit more strategic in today’s market. Pricing your home competitively is more important than ever, and presenting it in top condition can make the difference between a quick sale and a longer listing period. Sellers who invest in staging, professional photos, and minor updates are likely to attract more attention and achieve strong offers. While the market is stable, homes that are overpriced or not well-prepared may take longer to sell.

What this means for buyers:
For buyers, the increase in inventory is a positive development. With more homes to choose from, there’s greater flexibility and opportunity to find the right property. Buyers can take a bit more time to compare options, negotiate effectively, and make decisions with confidence. However, with pricing still holding steady, it’s important to work with a knowledgeable agent who can identify value and help navigate the market efficiently.

Overall, January 2026 paints a picture of a balanced Peterborough market, where pricing is stable, buyers have more options, and sellers who are well-prepared continue to see success. Whether you’re looking to buy or sell, understanding these trends can help you make informed, strategic decisions.

Our team is here to help you understand your options and navigate the market with confidence. We always have an agent on duty to help. Call our office at 705-743-4444 and we will be happy to direct you to a REALTOR® to answer your questions.

*All data from CLAR/TRREB 2025 & InfoSparks®© 2024 MLS® Resale Residential. Information is deemed reliable but is not guaranteed.

 

Highlighted below are some of the major areas we cover with our stats:

Tips & Tricks 28 January 2026

Town vs. Country in Winter: Living in Peterborough When the Snow Hits

Winter in Peterborough is more than just a change of scenery, it’s a real factor in day-to-day living. If you’re deciding between living in town or in the country, winter conditions can highlight the differences in convenience, cost, and lifestyle faster than any other season.

Both options offer a great quality of life, but they come with very different winter realities. Here’s what living in town versus country really looks like in Peterborough County once the snow starts to fall.

Winter Living in Town (the City of Peterborough)

Living in town during the winter often means convenience and predictability.

City streets and sidewalks are typically plowed quickly, making commuting, school drop-offs, and errands more manageable. Access to grocery stores, schools, healthcare, and public transit can be a major advantage during snowstorms or extreme cold.

Home maintenance tends to be simpler as well. Smaller lots usually mean less snow clearing, and many homeowners opt for snow removal services or rely on city-cleared sidewalks and roads. Emergency services are generally closer, which can offer peace of mind during winter weather events.

For buyers who value shorter commutes, walkability, and easier winter logistics, town living can feel far less disruptive when winter hits.

Winter Living in the Country (Townships & Rural Areas)

Country living in winter comes with a very different rhythm, one that many people love, but that does require preparation.

Rural properties often mean longer driveways, private roads, and full responsibility for snow removal. Snowplowing, sanding, and ice management become part of regular winter maintenance. Travel times can increase, especially after overnight snowfall or during storms.

Many rural homes rely on wells, septic systems, propane, or oil heating, which adds another layer of winter planning. Power outages are more common outside the city, so generators and backup plans are often essential rather than optional.

That said, country living also offers peace, privacy, and beautiful winter scenery. For buyers who enjoy space, quiet, and a slower pace, and who are comfortable being more self-sufficient, winter in the country can be incredibly rewarding.

Commuting and Daily Life in Winter

Winter commuting is one of the biggest differences between city and rural living.

In town, commutes are generally shorter and more predictable, even during snow events. In the country, road conditions can vary widely, and travel times may depend on how quickly rural roads are cleared.

School transportation, work schedules, medical appointments, and childcare arrangements all need to factor in weather conditions. For some, this flexibility is manageable. For others, it becomes a deciding factor when choosing where to live.

Winter Costs You Might Not Expect

Winter also brings cost differences that aren’t always obvious at first glance.

In town, heating costs may be lower due to smaller homes and access to natural gas. Snow removal costs are often minimal or bundled into municipal services.

In the country, heating costs can be higher depending on the system used, and snow removal services or equipment add to seasonal expenses. Vehicle wear and tear, fuel costs, and insurance considerations can also be higher for rural properties during the winter months.

Understanding these costs upfront will help you when choosing a lifestyle that aligns with both your budget and expectations.

Resale Considerations in Winter

Winter conditions can also affect resale differently in town versus the country.

Urban homes often show well year-round due to accessibility and ease of viewing. Rural properties may take longer to sell in winter, particularly if access is challenging or winter maintenance is a concern for buyers.

That doesn’t mean rural homes don’t sell, it simply means that winter buyers tend to be more intentional and prepared for that lifestyle. Pricing, presentation, and marketing matter even more during the winter months.

Final Thoughts

There’s no one-size-fits-all answer when it comes to town versus country living in winter. Some buyers prioritize convenience and accessibility, while others value space, privacy, and self-sufficiency.

Winter has a way of revealing what matters most in a home. Understanding how town and country living differ during Peterborough winters can help you make a confident, informed decision, not just for the season, but for the long term.

If you’re weighing your options and want help deciding which lifestyle fits you best, we’re always happy to talk it through. Give us a call at 705-743-4444. We always have an agent on duty!

Tips & Tricks 23 January 2026

What Today’s Interest Rates Mean for Peterborough Buyers and Sellers in 2026

Interest rates continue to be one of the biggest drivers of real estate decisions in 2026. Buyers are asking how rates affect affordability, while sellers are wondering whether higher borrowing costs are slowing demand.

While national headlines can feel overwhelming, the real impact of interest rates is best understood locally. Here’s what today’s interest rate environment means for Peterborough buyers and sellers, and how to adjust your strategy moving forward.

Current Mortgage Rates in Canada (January 2026)

As of Tuesday, January 20th, here’s where mortgage rates are sitting:

  • 1-Year Fixed: 4.84%

  • 2-Year Fixed: 4.84%

  • 3-Year Fixed: 4.09%

  • 4-Year Fixed: 4.19%

  • 5-Year Fixed: 4.09%

  • Best Variable Rate: 3.70%

Bond rates are currently at 2.86%, unchanged from last week.
The next Bank of Canada rate announcement is January 28.

These rates have helped bring more stability to the market compared to the volatility of recent years, allowing both buyers and sellers to plan with greater confidence.

What Today’s Interest Rates Mean for Peterborough Buyers

For buyers in Peterborough, interest rates directly affect purchasing power and monthly payments. While buyers may qualify for less than they would have during the ultra-low rate years, the upside is reduced competition in many price ranges.

In 2026, buyers are benefiting from:

  • More balanced negotiations

  • Fewer multiple-offer situations

  • The return of financing and inspection conditions

  • Increased choice and time to decide

Many buyers are choosing shorter fixed terms or variable rates, with the flexibility to reassess as rates change. The most important step is understanding what fits your long-term financial comfort, not just your maximum approval amount.

Working with a knowledgeable mortgage professional is key. Our in-house mortgage broker, Mike Jones with Centum Mortgage, helps buyers explore rate options, term strategies, and payment scenarios so there are no surprises along the way.

What Today’s Interest Rates Mean for Peterborough Sellers

For sellers, interest rates have changed buyer behaviour, but they haven’t eliminated demand.

Homes that are priced correctly and show well are still selling in Peterborough. Buyers are simply more value-conscious and more selective than they were a few years ago.

In today’s market:

  • Pricing based on current conditions is critical

  • Overpricing leads to longer days on market

  • Early adjustments often result in better final outcomes

Sellers who align their pricing strategy with today’s interest rate reality tend to attract stronger, more serious buyers. The goal is not to chase the market, but to position your home competitively from the start.

Is Peterborough a Buyer’s or Seller’s Market in 2026?

The answer depends on the property type, location, and price point.

Some segments of the Peterborough real estate market favour buyers, while others remain competitive. Entry-level homes and well-maintained properties in desirable neighbourhoods continue to see strong interest, even with higher borrowing costs.

Interest rates affect every buyer and seller differently, which is why local expertise matters more than broad national trends.

What Buyers and Sellers Should Do Next

Buyers should:

  • Get pre-approved with a mortgage professional

  • Understand payment options at today’s rates

  • Focus on long-term affordability and lifestyle goals

Sellers should:

  • Get an up-to-date market evaluation

  • Price based on current buyer behaviour

  • Prepare their home to stand out in a more selective market

Final Thoughts

Interest rates are an important factor in real estate decisions, but they don’t tell the whole story. In Peterborough, lifestyle needs, inventory levels, and local demand play just as big a role.

Whether you’re buying or selling in 2026, understanding how today’s interest rates affect your situation and working with the right local professionals make all the difference.

If you’d like to discuss your buying or selling plans or want to explore mortgage options with Mike Jones at Centum Mortgage, we’re happy to connect you and help you move forward with confidence. Give us a call at 70-743-4444 and we’ll be happy to connect you!

Tips & Tricks 14 January 2026

Selling in the New Year: Why January Might Be Your Best Move

The start of a new year brings fresh goals, renewed motivation, and for many homeowners, the question: Should I sell now or wait? While spring often gets the spotlight, selling in the new year can offer strategic advantages that many sellers overlook.

Serious Buyers Are Already Watching

Buyers who are active in January are typically motivated. Whether they’re relocating for work, planning around school timelines, or ready to act after months of research, these buyers aren’t just browsing, they’re prepared to make decisions.

With fewer listings on the market compared to spring, your home may face less competition and attract more focused attention.

Less Competition, More Visibility

Inventory is often lower at the beginning of the year, which means your listing can stand out more easily. Instead of competing with dozens of similar homes, your property may become one of the few strong options available, increasing showings and engagement.

Homes Show Better Than You Think

There’s a common misconception that winter listings don’t photograph or show well. In reality, a well-prepared home can feel warm, inviting, and move-in ready, exactly what buyers are craving during the colder months. Clean lines, cozy lighting, and thoughtful staging can make a powerful impression.

Pricing Can Work in Your Favour

With motivated buyers and reduced inventory, pricing can be more stable early in the year. In some cases, sellers may even see stronger offers due to limited options for buyers who are ready to move.

A Head Start on Your Next Move

Selling earlier in the year can also give you a head start on your next chapter. Whether you’re upsizing, downsizing, or relocating, listing in January or February allows more time to plan your purchase without feeling rushed by spring market pressures.

Is Selling in the New Year Right for You?

Every situation is different, and timing should always align with your personal goals. If you’re considering a move this year, having a conversation early can help you understand your options, current market conditions, and how to prepare your home for success.

The new year isn’t just a fresh start, it can also be a smart start.

Don’t have a REALTOR yet? Give us a call at 705-743-4444. We always have an agent on duty to answer your questions!

Market Stats 9 January 2026

Real Estate Market Analysis for December 2025

December typically brings a seasonal slowdown to the real estate market, but the latest numbers for Peterborough show a market that remained surprisingly active as 2025 wrapped up.

December 2025 at a Glance

  • Average number of sales: 53

  • Average sale price: $569,566

  • Active listings: 178

  • Average days on market: 42

How It Compares to December 2024

  • Average number of sales (2024): 48

  • Average sale price (2024): $595,602

  • Active listings (2024): 145

On a year-over-year basis, sales increased by 10.4%, while the average sale price declined by 4.4%. Active listings also rose year over year, giving buyers more choice than they had this time last year.

What the Numbers Tell Us

The increase in sales activity suggests buyer confidence improved heading into the end of 2025, even in what is traditionally one of the quietest months of the year. More transactions paired with lower average prices point to a market that has become more price-sensitive, with buyers negotiating carefully and sellers needing to be realistic.

Inventory levels climbed from 145 to 178 active listings, easing some of the tight conditions seen in late 2024. This shift has helped balance the market, giving buyers a bit more breathing room while still rewarding well-priced, well-presented homes.

The average days on market of 42 indicates that homes are still selling at a reasonable pace, but not in the rapid-fire environment of peak seller-market years. Properties that are priced correctly continue to attract attention, while overpricing is more likely to result in longer selling times.

What This Means for Buyers and Sellers

  • Buyers are benefiting from more selection and slightly softer pricing compared to last year, making December a quieter but strategic time to make a move.

  • Sellers can still find success, but pricing and presentation matter more than ever. Homes that stand out and align with current market expectations are the ones selling first.

Looking Ahead

As we move into early 2026, Peterborough’s market appears to be settling into a more balanced rhythm. While prices have adjusted modestly year over year, increased sales activity is a positive sign that demand remains steady.

If you’re considering buying or selling in the coming months, understanding these trends — and how they apply to your specific neighbourhood — is key to making confident decisions.

Our team is here to help you understand your options and navigate the market with confidence. We always have an agent on duty to help. Call our office at 705-743-4444 and we will be happy to direct you to a REALTOR® to answer your questions.

*All data from CLAR/TRREB 2025 & InfoSparks®© 2024 MLS® Resale Residential. Information is deemed reliable but is not guaranteed.

 

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