Trevor  Barr

Trevor Barr

Broker

Royal LePage Trius Realty Brokerage*

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519-909-8555
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Trevor Barr's blog

CANADA'S RECESSION NONSENSE by Mark Mitchell (Mortgage Broker)

Mark Mitchell is a no-nonsense follow the facts, data driven Mortgage Broker from London, Ontario. I've been watching his videos for a while now and was tuned onto him by a good friend of mine. Curious what's really happening in the Canadian economy? Hearing the media talk about a "Technical Recession" and then listening to them and Bank of Canada try to walk those facts back and redefine what's really happening? Confused? I wouldn't be surprised!

Give Mark's latest video a view at youtube & listen here: Canada's Recession Nonsense - YouTube

I believe in keeping my buyers and sellers...

May 2026 Cornerstone (Real Estate Board) Statistics

Subject: May 2026 Cornerstone Board Statistics
Release date: June 1st 2026
SDREB (Norfolk County) & Haldimand Region (County)

Norfolk County
AVG/Median Price = $585,000 up from $565,000
Days on Market (DOM) = 37
Sales - Flat at 74 units
Months Supply - 6 year high at 8.5 months

Haldimand County
AVG/Median Price = 660,000 down from $695,000
Days on Market (DOM) = 25 down from 34 previous month
Sales - jumped to 79 units
Months Supply - 6.8 months - not as bad as Norfolk County.

*All statistical information courtesy of Cornerstone Association of Realtors*

Got a HOME to SELL? Book Your...

Mortgage rates increased this May 2026 - Did you see that?

Fairly quietly this month, the major banks increased their 5 year fixed mortgage lending rates;
RBC Royal Bank = 4.72%
TD Canada Trust = 4.861%

We are nearing 5% fixed mortgage rates again. Rates held fairly stready for most of 2025 - sitting around 4.62% @ RBC Royal Bank.

There are other options when it comes to financing for a home. You can talk to the following mortgage brokers to discuss rates;

Adam Walker (Mortgages)  - 226-567-4274 - website: Mortgage Agent In Simcoe, Ontario | First-Time Home Buyer | Adam Walker Mortgages

Lara Rockefeller - 519-802-5414 - website: Lara...

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