06.2026
Ownright Partners
Issue 13
Realty Check
|
|
|
|
From the founders: we asked 1,000 agents what's really stalling the market
|
|
This month we published our 2026 Operators Report, a survey of over 1,000 Canadian real estate professionals on why deals keep stalling. The headline finding surprised even us: the slowdown isn't really an affordability story. It's a hesitation story.
|
|
Two-thirds of the pros we surveyed say their clients are more risk-averse than they were before 2022. When we asked what's driving the hesitation, the top answer wasn't interest rates or income, it was broader economic uncertainty. Even buyers who can afford to move are choosing to wait.
|
|
That tracks with what you're probably seeing day to day: deals dying not from a hard no, but from a slow maybe. The longer a client waits, the more their situation shifts underneath them, pre-approvals lapse, listings move on, and the window they were waiting for looks different by the time they're ready.
|
Which is why we keep coming back to the same idea: the clients who move this year won't be the most confident ones, they'll be the ones informed enough to act anyway. That's where you come in. The full report is worth a read, and it makes for a useful, credible thing to share with a hesitating client. Read the report here →
|
|
Joel Fox
COO
|
|
|
|
The library: resources you can forward to clients
|
|
|
|
These are client-ready explainers you can share when questions come up during a transaction. Each one breaks down a common concept in plain language.
|
Blog: power of sale in Ontario. A clear walk-through of how power of sale works when a homeowner falls behind, including the 15-day default period, the 35-day notice window, and the practical ways to stop it.
|
|
|
Blog: mortgage porting in Ontario. How to carry your existing rate to your next home when you buy and sell in close succession, which mortgages qualify, how the rate blends if the new place costs more or less, and the 30 to 120 day window lenders allow.
|
|
|
|
|
Hot off the press: Ownright in the news
|
|
|
|
Ownright's 2026 Operators Report, a survey of 1,000 Canadian real estate professionals, drew national coverage this month. A couple of the standout pieces:
|
|
|
|
|
|
|
|
|
Market snapshot: spring tightened, even as prices slipped
|
|
|
|
|
-
GTA sales hit 6,583 in May, up 6.3% year-over-year and 10% from April on a seasonally adjusted basis (TRREB).
-
But new listings fell 18.9%, and the average price ($1,069,700) is still down 4.6% from a year ago. More buyers, far fewer listings, softer prices.
|
|
|
-
The Bank held its rate at 2.25% on April 29, unchanged since October.
-
Markets expect another hold on June 10.
|
|
Our take: Three straight months of year-over-year gains, and a 10% jump from April, is real momentum, but it's coming off a weak 2025 and against listings down nearly 19%, so the lift is as much about scarce supply as renewed demand. With prices still soft and rates expected to hold, this reads as a market tightening on thin inventory, not a broad rebound. Expect a competitive but choosy spring.
|
|
|
|
|
s -->s -->
Client spotlight: in their words
|
|
|
|
Ownright was THE BEST. We had 2 days to close and Ownright made it happen. Ed was the best lawyer, very receptive and eager to get things done, and explained everything at every step. They updated us on our closing by the hour. The best service we've ever used.
|
|
|
|
|
|
|
|
|
The Ownright advantage
|
|
Have a client in need of a real estate lawyer?
We'd love to support them.
|
|
|
|
|
|