The average sale price in the Haliburton housing market has increased by 8.8 per cent across all property types between 2023 and 2024 from $487,580 to $530,398. The number of sales transactions increased by 8.4 per cent for the same time period (from 155 to 168). The number of new listings increased by four per cent (from 321 in 2023 to 334 in 2024). Looking ahead to 2025, the Haliburton housing market will transition to a buyers’ market. Average price across all property types is anticipated to rise by three per cent, while the number of sales will likely increase by five per cent. Total listings are expected to increase by five per cent in 2025, while new listings could increase by 10 per cent in 2025.

Haliburton housing market outlook 2025

First-time buyers are expected to drive market activity in 2025, predominantly purchasing investment properties within the $350,000 – $500,000 price range. Move up and move-over buyers are purchasing single-family homes in the $500,000 – $650,000 price range. Meanwhile, retirees are buying bungalows priced between $500,000 and $700,000.

Heading into 2025, home sellers are feeling frustrated when unable to sell for a profit. Single-detached houses are expected to see the most sales activity in the region next year.

The 30-year amortization and lower interest rates will make it easier for first-time homebuyers to purchase a home in the region in 2025. There are opportunities for realtors to play a key role in helping buyers understand the financial landscape and the impact of interest rate changes on affordability and home prices as interest rates stabilize, helping them make informed decisions, especially in a competitive market.

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The average sale price in the Haliburton housing market has increased by 15.1 per cent year-over-year, across all property types between January 1 and July 31, 2024 (from $492,418 in 2023 to $566,613 in 2024). The number of sales increased by 13.8 per cent for the same time period (from 87 sales in 2023 to 99 sales in 2024). The number of listings increased by 17 per cent (from 182 properties listed in 2023 to 213 in 2024). The Haliburton housing market currently favours buyers, and this is expected to continue into the fall, due to dinimished buyer demand in the region. On September 4, the Bank of Canada will share its next interest rate announcement. Based on current activity in the Haliburton housing market, another rate cut is not expected to cause any major shifts in activity, due to buyers’ hesitancy to enter the market. However, as rates continue to drop, the market is expected to become more competitive in 2025.

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